Top 3 Mistakes When Preparing for Series A

The Series A round is the time for a start-up to turn into a real and corporate enterprise. Many founders cannot complete the process due to the following critical mistakes in this round:

1. Not Being Data-Driven: In Series A, you are expected to talk with deeply analyzed Excel tables, not just dreams.

2. Valuation Stubbornness: Closing a round with a very high valuation brings the risk of a 'Down Round' in the next round and extreme dilution of the founder.

3. Not Completing the Team: Investors now expect middle and upper level managers to be in place outside the founder team.

Avoiding these mistakes and preparing a professional Data Room greatly increases your chances of successfully closing the round.