Too Long; Didn't Read
10 years ago Sequoia dropped the ever so legendary <a href="https://www.slideshare.net/eldon/sequoia-capital-on-startups-and-the-economic-downturn-presentation?ref=https://www.recode.net/" target="_blank">RIP Good Times</a>, and it’s fair to say that as of mid 2018 we’re back in Good Times. 💃 There is an incredible amount of active institutional investors and angels in the market, and new funds still keep on popping up left and right. “<a href="https://news.crunchbase.com/news/inside-the-global-q2-2018-venture-market-new-records-and-titanic-late-stage-rounds/" target="_blank">This is not normal</a>” but as the competition among investors increases, we are starting to see funding rounds and valuations move north. The seed round which used to be $1m is now $2, and an A round which used to be $3–5m is now $7–10m. A similar relative trend can also be seen in pre-money valuations. Thus, for founders who know how to play the VC game, it has never been a better time to get funded.