We decided not to pursue subsequent rounds of funding beyond a seed. I'm also hearing about deals with quite cheap capital (high valuations, favorable terms) flowing to companies near us.
For SaaS it seems you can get deals with valuations at 10x revenue and YC Companies in SaaS are getting a premium even on that.
Cheap money can help you weather a storm and smooth over mistakes, but it also increases your risks as a business and reduces the "successful" outcomes you can have.
At the end of the day if your goal is to build a sustainable business, cheap money can't guarantee that.
For SaaS it seems you can get deals with valuations at 10x revenue and YC Companies in SaaS are getting a premium even on that.
Cheap money can help you weather a storm and smooth over mistakes, but it also increases your risks as a business and reduces the "successful" outcomes you can have.
At the end of the day if your goal is to build a sustainable business, cheap money can't guarantee that.