Your likelihood of entrepreneurial success increases with age. A 50-year-old founder is twice as likely to build a thriving enterprise that has either an IPO or a successful acquisition as a 30-year-old founder.
Having just closed a pre-Series A round of $2.5 million, I realize that this is probably the most exciting part of the founder’s journey. I promised myself that I was going to enjoy this time period because after Series A everything changes and things move so fast that it’s never the same. Between Seed and
Airbnb, PayPal, and Uber. All built billion dollar empires using network effects. From talking to our friends, these are the metrics they recommend tracking for any platform, aggregator, or marketplace business model: