START-UPS TAKING LONGER TO REACH FUNDING MILESTONES

Summary from the TLDR Founders newsletter

New data reveals that, due to a combination of factors, startups now take much longer to raise their next funding rounds. Early-stage companies are taking in a lot more funding than they used to in SAFEs, which extends the time to start priced round raises. Later-stage companies who have seen significant cuts to their valuations aren’t rushing to fundraise and are instead focusing on profitability.