“Seed is Broken But There is More Seed Funding That Ever”: The Latest Deep Dive with Harry Stebbings and Jason Lemkin
SaaStr
MAY 27, 2024
Ok the title here is a bit dramatic, but certainly seed investing is in an odd place in 2024. To IPO, companies need to triple their market share in their core market and have a churn rate of less than 3-4% per month. Public valuations are still at a fraction of their 2021 peaks, but seed rounds are more expensive than ever.
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