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June 19, 2013 01:11 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_HuLNMMchgM/
The Series A Round Is The New Series B Round
Editor's note: Jeff Jordan is a partner at Andreessen Horowitz and is on the boards of Airbnb, Belly, Fab, Circle, Crowdtilt, Lookout and Pinterest, as well as Wealthfront and Zoosk.The venture industry is awash with talk of the Series A Crunch. In my short two-year tenure as a full-time investor, Ive seen this crunch hit very hard at a number of quality, early-stage consumer companies. Why is this happening?Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_HuLNMMchgM/
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