VC: Seed-to-A Now Requires 10x Growth to Land Top-Decile Deals

MartinGTobias · x · 2026-09-18

Investor MartinGTobias notes that the fundable bar keeps rising: startups now need roughly 10x growth from seed to Series A to reach top-decile deals, making this the most consensus-driven VC market ever. He says this is why he only invests in fully funded pre-seed rounds — companies have to go farther every turn.

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