#177 Top VC CFO Premium Content (Summer 2024)

August 29, 2024

👋 Hi, I’m Doug! Welcome to @TheFundCFO crew! Every Tuesday/[Thursday], we publish VC/CFO insights that matter - highlights from notable VC GPs, LPs, and CFOs/finance pros. Check out our VC Fund Playbooks, Models, Budgets, & Compliance Checklists @ AirstreamAlpha! Love what we’re doing? Consider upgrading to paid for deeper dives on Thursdays (most paid subscribers expense these insights!).

“Sometimes you win, sometimes you learn.” -John C. Maxwell

The Latest & Greatest Fund CFO Posts

Top VC CFO Premium Content (Summer 2024)

As we previewed earlier this week, the official end of summer has arrived. For this edition, we’re sharing some of our top VC CFO premium content from summer 2024. We hop you enjoy it!

David Clark at VenCap shared the following: “DPIs - it takes 10-12 years for a company to go from being founded to IPO. Don't expect much DPI in the first 5 years of an early-stage fund's life. Also, liquidity in VC comes in waves. 2021 was one of these waves. So, no surprise later vintages are lagging on DPI.”

Top takeaways:

  1. Fundraising grew from $18.7b (Q1) to $20.9b (Q2) across US startups

  2. Down rounds fell from 24% to 17% Quarter over Quarter. Good news! Down round percentages had been climbing since mid-2022

  3. Percent of bridge rounds fell for every stage except seed. More capital betting on new companies vs supporting current ones from VCs (so good for some, bad for others)

  4. Number of total acquired companies hit the highest mark since Q3 2022

  5. Strong median valuations at Seed ($15m pre-money) and Series A ($40m pre)

US Startup Fundraising Benchmarks - Memorize This!

Image

Subscribe to Paid Subscription to read the rest.

Become a paying subscriber of Paid Subscription to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.