$15M revenue still can't raise: VCs say Series A bar now demands 10-10-5 growth
MartinGTobias · x · 2026-11-06
A GP quoted by Martin Tobias: a company doing $15M revenue can't raise follow-on capital and "is going to be a zero." The old triple-triple-double-double path no longer earns a Series A meeting — investors now want 10-10-5. Advice for founders without outlier traction: get to profitability fast and compound advantages.
Related event: Series A Bar Soars: Millions in ARR No Longer Wins VC Meetings(3 posts)→
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