Fundraising in 2019. Update.
Will start with the Good news. According to Tomasz Tunguz the fundraising scene has become extremely sophisticated “along three dimensions: diversity of product offering, pricing sophistication, and efficiency of investment processes.” The types of rounds and ways to raise them has become more science than art. Five flavors of seed, wide range of A, B and C rounds with a wide array of sources – “Founders can raise $7M Series As and $15M Series As. Would you like a series A from a generalist fund or a specialist fund? Founders can raise a $15M Series B or a $200M Series B. Would you like that Series B from an opportunity fund, an SPV funded by direct LP investment or from a third part?” The options of IPO, ICO, secondary markets, venture debt – for businesses with the right indicators neither valuation nor money is going to be a problem, according to TomTunguz all indications are that 2019 will be a strong fundraising market.
