As all our blog readers know, at Opsani, we recently closed our Series A funding round. A Series A is big; it means that a startup has truly arrived, and is ready to try and boldly go where no company has gone before.
Just recently, Opsani’s CEO, Ross Schibler, sat down with the ever-excellent Forbes magazine to chat about raising a Series A. “What are some strategies and approaches to consider?” wondered Tom Taulli, the Forbes author.
Here’s what Ross had to say:
“I have founded three companies over the past 25 years in Silicon Valley—two with successful exits, and my current company, Opsani has just closed a $10M round from Redpoint, Zetta, and Bain. One piece of advice I would pass on to fellow entrepreneurs is to consider the quality of the partner making the investment because that will greatly affect the quality of the outcome. I would go so far as to say that a dollar from one investor might be worth 2x the same dollar from a higher quality investor. Folks tend to get hung up on valuations and percentages when what they should be focused on is the question: “Do I want to work with this partner and will they help me build a great company?”
To read the full piece in Forbes, and hear from some other great founders as part of the same article, head over here.
To learn more about Opsani, and why the future of DevOps requires Continuous Optimization, read our blog here.