Mining the Series A Crunch
The Series A Crunch is a hot topic in Silicon Valley. The overall premise is that the recent boom in early stage seed investments will result in a lot of dead or dying companies that don’t live to see a Series A investment. Some of these companies may be valuable, whether its their team, IP, or something else.
Earlier this month a list of these companies was available for purchase for $5,000. The fine folks over at TechCrunch / CrunchBase have put together their own list of nearly 1,300 companies available for free here.
Below is their approach / criteria for identifying these companies. This is truly akin to panning for gold.
- Start with US companies that closed a seed (or angel) round on or after Jan 1, 2011
- Exclude companies that have received follow on funding
- Exclude companies that were acquired
- Exclude companies without news or employee updates in last 6 months
- Exclude companies known to have closed
- Look at remaining companies where it’s been ~13 months since their last funding
Source: CruncBase blog