Magid and Co • 19 implied HN points • 02 Jun 23
- The Series A market has a significant gap between the number of funds a founder knows and the number actually leading rounds, leading to inefficiencies.
- There is a challenge for founders to discover funds that could fit, and for funds to find suitable companies without appearing intrusive or shady.
- Fundamental changes in operational approaches are needed to address the challenges in fund discovery and cold outreach, tools alone may not be enough.