Preferred stock financing, which includes terms like Series A and Series Seed, refers to fundraising by selling preferred stock at a specific price per share.

Most startups raise money by selling a part of their company, typically through preferred stock, rather than common stock, which is not sufficient for raising meaningful amounts.

While priced rounds are still a common method for raising funds, they typically occur later in a startup's lifecycle, often after initial fundraising through SAFEs or convertible notes.

We raised our Series A after initially facing many rejections, but ultimately secured $3-4 million from various investors.

Raising a seed round is akin to consumer sales, while raising a Series A is more like enterprise sales, requiring deeper relationships and the ability to educate potential investors about your business.

We raised our Series A on a prototype, which was challenging because many investors doubted our potential to become a public company.

We raised a later stage fund to support hard tech companies that need significant capital, as many investors are not willing to provide that.

Raising funds can take time, and it's essential to build relationships with potential investors rather than rushing the process.

Don't approach a Series A fundraising without demonstrating that you've used early investment wisely to create a product that people love and show sustained growth.