Should I join a series F startup? What’s the general guidance on which stage to join?

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At a high level, I think people generally put too much stock in the series that a startup is at.

Risk right now comes down to fundamentals…does the business have a clear business model with strong adoption? If they’re not profitable, is the tech/model actually innovative, and do they have the runway to get to profitability (and a plan to get there)?

There are series A startups that have really good basics and a business model that will carry them through times where VC money is not as readily available. Then there are Series F and beyond startups where they never really got to a business model that works, and have had their life extended by VCs. There are public companies that are no longer startups that also are risky.

You have to ask yourself—do you believe in the company and their product? Startups are inherently riskier than established industry players at a basic level, so figure out if a given company meets your risk tolerance, then commit.

likehelpful

Appreciate the insight. This is helpful

I write a newsletter about startups which could be helpful:

Startupon.substack.com

likehelpful

Does it look like they’ll Fly or run out of alphabet letters?

likefunny

I work at a startup! If you want we can have a quick chat about my personal experience and how the series stage does affect the work environment

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Awesome! I’ll DM you

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