As a startup navigates its way from the incubatory seed stage to its Series A round, the journey ahead can seem daunting. This significant jump is one that requires careful planning and execution. While there are numerous guidelines to follow, many of them seem outdated in today’s ever-changing market.
Take, for example, the well-known and trusted rule of having $1 million in annual recurring revenue or equivalent before seeking a Series A. In recent times, some companies have managed to raise funds with less, while others who have met or exceeded this benchmark have faced challenges in securing capital.
This is where Alex Kayyal, Partner at Lightspeed Venture Partners, comes in. He will be joining us at TechCrunch Early Stage 2024 to share his expertise on how startups can navigate the common pitfalls on their journey to securing a Series A round.
Raising a Series A round has never been a simple feat. Over the years, TechCrunch has discussed the struggles of navigating a Series A crunch numerous times. As a startup transitions from its early stages to its first lettered round, it is met with high expectations from venture capitalists. This is when big dreams meet the reality of sales repeatability, CAC payback, and other important metrics. It’s similar to leaping from middle school to graduate school.
If you’re looking to learn from the best, bring along a notebook and pencil because Kayyal, who was previously at Salesforce Ventures and has backed successful companies like Gong and Algolia, will be sharing his valuable insights at our event. And as always, he will be answering questions directly from our audience.
Ticket prices will increase on March 29. Book your tickets now to save $200 before they go into late-bird pricing.
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