Nice analysis, thanks. I noticed from the global data that Benchmark capital has delivered 7 penta-corns (if that's a word) from just 63 series A investments -- 1 in 9 hit rate, which is 5-10x of most storied firms. Is the data right?
What's getting in the way of other lesser-known VC firms to get in the same stratosphere as PANZEL? I'd like to think of this as a pyramid, where more firms funding preseed-series A would eventually lead to more than one firm funding $5B+ companies
Series A investments are typically the most crucial. At this stage, you’ve achieved Product-Market Fit (PMF), traction is evident, and your growth plan (GTM) demonstrates sustainable opportunities for market expansion. Right investor backing is highly valued at this point, and PANZEL consistently demonstrates a strong appetite for investments ranging from $5 million to $25 million.
Nice analysis, thanks. I noticed from the global data that Benchmark capital has delivered 7 penta-corns (if that's a word) from just 63 series A investments -- 1 in 9 hit rate, which is 5-10x of most storied firms. Is the data right?
What's getting in the way of other lesser-known VC firms to get in the same stratosphere as PANZEL? I'd like to think of this as a pyramid, where more firms funding preseed-series A would eventually lead to more than one firm funding $5B+ companies
Series A investments are typically the most crucial. At this stage, you’ve achieved Product-Market Fit (PMF), traction is evident, and your growth plan (GTM) demonstrates sustainable opportunities for market expansion. Right investor backing is highly valued at this point, and PANZEL consistently demonstrates a strong appetite for investments ranging from $5 million to $25 million.