Precursor VenturesA classic pre-seed and seed stage venture capital firm

The Media's Focus on Fundraising #startup #founder #venturecapital

9 Mar 2025 · 0 min

Watch on YouTube

0:22

A short YouTube segment from Precursor Ventures critiquing the media's focus on startup fundraising (amounts and valuations) and how that coverage pressures portfolio companies to emulate headline-grabbing raises. The speaker warns that chasing large rounds because competitors did so may not lead to productive use of capital.

But, Mia, we have a whole media industrial complex. Not to sound all conspiratorial inventure, that's, like, designed to talk about how much money companies have raised and at what valuation. And our portfolio companies live in environments where sometimes they're like, wow, our competitor just raised $50 million from this really famous VC firm. Shouldn't we go do the same? And I'm like, do you think they're going to put it to good use?