A friend told me that he's wary of joining a company at Series D or beyond. Is this just his personal preference? Do you consider a certain phase of funding as a sh*t-or-get-off-the-pot indicator, or do you take into account the whole picture (performance/other metrics)? Thanks!
You have to consider the whole picture. But I would say the later they are and still craving investment capital and not showing profitability then I'd get less likely to jump on.<p>In the end though it would all depend on the real financials, run rate and reasons capital is still being raised.<p>I can think of legit reasons to still be raising at say a series D that would not prevent me personally from jumping on board.<p>But also consider at a series D they are paying market salaries and any piece of pie you might get would likely never amount to much. so that could be a major turn off for a lot of people. But others would prefer it. To each their own.