Mar 6, 2013
My buddy Jacob Mullins, a VC at Shasta Ventures, launched his own first (well, technically second) startup, Exitround. When I first heard the idea a few weeks back, I immediately knew it was a good one coming at perhaps the perfect time.
Series A funding isn't exactly matching the massive upswing in seed funding in the past year-plus (the so-called "Series A Crunch" — which I would consider natural, and healthy). At the same time, there are a group of voracious would-be acquirers, buoyed by the rebounding economy, out there hungry for talent.
Hand, meet glove.