Challenges in Series A Funding for Seed-stage Startups

Seed-stage startups are facing challenges in securing Series A funding, leading to lower valuations and choosier investors. VC firms are responding by offering mentorship programs and creating opportunities for portfolio companies. Lightspeed Venture Partners has formalized a company-building program called Launch to support its founders. VCs are emphasizing year-over-year growth and annual recurring revenue, focusing on building a successful business.