A close look at the vast valuation differences within the same funding round!
Using alphabet letters to describe venture rounds is a simple and widely recognized system.
But, within each round, there can be a significant variation in valuation and deal terms.
But what if these alphabet names are changed?
First, it is not easy.
Secondly, It will only confuse the founders!
Take a look at the Series B data below.
8% of Series B deals had pre-money valuations between $10M - $25M, while 12% had valuations between $250M - $499M.
A startup rarely follows a straight line.
Deal terms, valuations, and fundraising outcomes can vary widely from one startup to another.
Focus on the startup's needs, goals, and context, and tailor your fundraising strategy to align with your company's unique situation and long-term vision.
Credits to Peter Walker from Carta for his amazing insights.