Jul 21, 2017 · 1 min read
I would argue it is none of the axes mentioned above, that one normally associates with the Seed/A/B/C.. system, but that it is the maturity of the startup.
My feeling is you would expect companies in the following stages:
- Seed: pre launch, or only very few test customers/users
- Series A: initial product-market-fit, but little proof of scalability
- Series B: knowing how to scale / starting to scale (reach/revenue)
- Series C: scaling further
- …
