Category Andreessen Horowitz

The Series A Crunch Just Got Tighter — Blame (or Thank) GenAI

The series A crunch

The road to Series A has never been easy—but in 2025, it’s steeper, faster, and far less forgiving than before. For founders planning their next funding milestone, it’s not enough to show early traction anymore. You’re being benchmarked—fairly or not—against…

Series Seed Documents for Early Stage Startups – V2

Back in March, Andreessen Horowitz and Fenwick & West, LLP published a series of documents that would help structure early stage investments in startups. The documents have since been used in many deals already according to the site, SeriesSeed.