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If you didn't work at @OpenAI, don't expect to raise $50M in your seed round. Data per @PeterJ_Walker of @CartaInc. Median round sizes:
π£πΏπΆπ°π²π± π¦π²π²π± $3.5M
π¦π²πΏπΆπ²π π $11.4M
π¦π²πΏπΆπ²π π $20.5M
π¦π²πΏπΆπ²π π $36M
#cartadata #startup #viaduct #viaductventures

Here are the latest Q2 trends in startup valuations according to @Cartainc. Do these numbers surprise you, or are they in line with your expectations?
#StartupValuations #Q2Trends #CartaData #VentureCapital #VC
A new post in βThat Was The Week'
Peter Walker on LinkedIn: #cartadata #safes #startups #founders #fundraising
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A new post in βThat Was The Week'
Peter Walker on LinkedIn: #cartadata #fundraising #founders #startups #safes
https://t.co/pm3du9MyZm
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A new post in βThat Was The Week'
Peter Walker on LinkedIn: #startups #founders #venturecapital #fundraising #cartadata
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A new post in βThat Was The Week'
Peter Walker on LinkedIn: #cartadata #valuations #startups #founders #seriesa #seriesb
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A new post in βThat Was The Week'
Peter Walker on LinkedIn: #cartadata #seriesb #startups #founders #fundraising
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US venture round sizes in Q1 2023 per @PeterJ_Walker and @CartaInc
Seed - $3.1M (up 41% to 2019)
Series A - $6M (down 8%)
Series B - $12M (down 22%)
Series C - $25M (down 10%)
#cartadata #roundsizes #investors #investing #startup #venturecapital #viaduct #viaductventures #tech

New data from @cartainc - how long does it take to raise a VC round?
The time needed bounced up from Q4 2021 to Q1 2022. Founders raising a Series B needed a median of 566 to complete the raise.
All the talk of extending your burn is playing out.
#cartadata @alex @nbaschez

If you pay a junior salesperson in the bottom third of the market for their level, theyβre almost guaranteed (93%) to leave before two years. Consider a pay bump, especially for top performers, if you want to reduce early attrition. #CartaData

Higher salaries help with retentionβup to a point. A junior engineer with a bottom-third salary is more than twice as likely to leave before two years, vs. one with a salary in the middle third. Salary bumps beyond that are associated with marginal gains in retention. #CartaData

Over half (57%) of entry-level startup employees leave before the end of their first year. Employees who are more senior tend to stay longer, though there are some exceptions to this trendβincluding the most senior individual contributors and the most junior managers. #CartaData

Among startup employees, salespeople tend to stay the least amount of time, with 43% moving on in under a year. On the other hand, 97% of CEOs stay three years or more. #CartaData

With competition for talent reaching an all-time high, startups gave employees a larger share of their company last year. The median size of initial equity grants to early hires, as a percentage of the company, increased in 2021. #CartaData

What does a ten-person startup look like? Depends on the industry. Half of the first ten hires in hardware/electronics are engineers, whereas in pharma/biotech, half are researchers. AdTech, surprisingly, is least likely to have a research, strategy, or data role. #CartaData

We looked at the largest 15 job areas in startups of various sizes and found that customer support skyrockets from 14th place to third place as a startup grows in size from under 5 to 251-500 employees.
More customers, more support. #CartaData

An important update on private market valuations: #CartaData shows round sizes are shrinking for Series A-C.
Potentially good news for investors. Less so for founders looking to raise, according to @Alex.
@TechCrunch has more from our Head of Insights @PeterJ_Walker π
New data shows how far VCs are pulling back on US Series A, B, and C valuations https://t.co/oyqz4AzI8K by @alex
Only 18% of engineers on Carta's platform are women. This matters, because there are a lot of engineers, and they often hold disproportionately high amounts of equity. #CartaData #GenderEquityGap
Source: https://t.co/Sr7cYGUj5J

You can find more data about startup founders and employees by demographic background (and details on how we looked at Asian and Pacific Islander ethnicities) in the Carta Equity Report: https://t.co/Sr7cYGCHH9 (5/5) #CartaData
Most founders (86%) on the Carta platform are men. The gender gap is particularly wide in fintech, energy, and hardware. Even in the education sectorβwhere women are the majority of employees overallβwomen make up just 24% of founders. #CartaData
Source: https://t.co/Sr7cYGUj5J

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