The real difference between funding rounds

From Why The Series B is the “Sucker Round” by Rob Go:

In the seed and series A, you are selling promise and some execution. In growth rounds, you are selling something that already “works”. You are selling a marketing machine, and the ability to “put in 1 dollar and get out 2″. In between, you are selling a hybrid of both, and that isn’t easy.

8 thoughts on “The real difference between funding rounds

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