There's no way to tell for sure, but we hypothesize that running out of money, team breakups, and other factors are the primary reason for the precipitous drop - off between Seed and Series A, whereas acquisitions and
reaching financial sustainability are larger drivers of the more steady declines in matriculation after Series A.
Not exact matches
Given the European electoral calendar, investors are concerned that if an agreement on debt
sustainability is not
reached by the end of February, another EU
financial crisis may unfold.
Large corporations have a wide margin of error for mistakes, startup companies that have not yet
reached certain milestones of
financial sustainability, don't.
CSGF's goal as a
financial investor is to enable organizations to
reach sustainability on public revenues.
During growth mode, Excel requires growth capital to our operations until we
reach full scale, at which point our
financial model gets us to
financial sustainability.
For instance, charter schools are routinely closed if they do not
reach their performance or other goals, including
financial management and
sustainability.