by Gustaf Alströmer10/18/2019
YC Partner Gustaf Alströmer on how much money to spend after fundraising.
Topics
00:05 – Too many companies spend their money too fast
00:27 – Most companies that raise a seed round will not be able to raise a Series A
00:40 – Fundraising is just a means to an end
00:55 – An average funding round lasts 18-24 months
1:25 – When you’re making money you can increase your spend proportionally
1:45 – Spend your money like you’ll never be able to raise again
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Gustaf is a Group Partner at YC. He spent 4.5 years at Airbnb where he worked as a Product Lead on the Growth team, a team he helped start in 2012. Prior to Airbnb, Gustaf was Head of Growth at Voxer.