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Mind The Gap: Out of 100 seed funded enterprise software companies, only around 25 raise an A round - a 75% mortality rate ⚰️
It takes an average of 18 months to go from seed to Series A but the energy deployed is monumental. And lots of startups struggle to get the metrics investors are looking for to invest in an A round.
This jump is strenuous -- What are the best practices you should absolutely build to increase your resilience? How do you adapt to this new phase of development?
By Andy Leaver (https://twitter.com/AndyLeaver): Partner at Crane Venture Partners (https://crane.vc/), a £60M London-based fund looking for deeply technical founders building intelligent enterprise software, backing companies at the pre-series A stage all across Europe.