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9devtoday at 11:18 AM2 repliesview on HN

I feel like most Americans don't appreciate the financial constraints under which European startups are operating :) The median series A is something like 1–6 million Euros over here. You have to seriously consider what you spend money for on these scales.


Replies

aleph_minus_onetoday at 11:31 AM

> I feel like most Americans don't appreciate the financial constraints under which European startups are operating :) The median series A is something like 1–6 million Euros over here. You have to seriously consider what you spend money for on these scales.

I, living in Germany, rather wonder myself quite often why US-American tech startups don't act much more frugally: this would give them so much more leeway/runway to make their startups succeed.

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jasonkestertoday at 12:12 PM

The reasoning makes more sense when you factor in that your startup’s VC is also Slack’s VC.

You’re actually giving that same venture capitalist $4m of their own money back, in a way that makes their investment more valuable.