Raising money as a first time founder, who had no experience in silicon valley, was a huge mystery for me.
I just read TechCrunch and assumed these rounds that were announced "so and so closes $xM" were all raised and closed at one time.
And then I went through an accelerator in San Francisco called 500 startups, and learned what really happens under the hood.
Here's a full breakout of how we structured our pre-seed round, along with the pitch decks and business metrics we had at seed and series A rounds. This includes team size, ARR growth, ASP, valuations and multiples.