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November 9, 2011 10:27 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KjptXtG8_0U/
Calling Bullshit On The Series A Crunch
A lot has been written about the Series A Crunch. The gist of the argument is that the number of seed financings have gone up (with the advent of incubators such as Y-Combinator, TechStars, and Excelerate, as well as a new generation of Super Angels, who may or may not be hanging out at Bin 38), but the number of Series A financings have remained relatively steady. Ergo, the percentage of companies that cant raise a Series A must be going up.So what the hell is really going on? While a lot has been written about the subject, I think the reality is the Series A Crunch is bullshit and people are misreading the signals here.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KjptXtG8_0U/
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