Your Series A Readiness Scorecard
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Founders often ask me how much revenue they need to generate to be ready for a Series A. The question is so common that I wrote the article that you just read. But by doing so, I actually fell into a trap that I often caution against. Revenue and revenue growth are definitely important, but aren’t the only things that matter for being considered “Series A ready” by venture fund investors.
In today’s age, a Series A-ready company is still small and somewhat risky in the grand scheme of things, yet also rounded out in a variety of ways that I will explain in this article. I’ll start by describing some attributes of “rounded out” and then suggest a framework for translating that into your own version of being ready for a Series A round of funding.
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