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When we observed an increase in Series A fundings in the first quarter of 2015, we had two theories as to what was happening. First, people are attracted to the Series A figures more than Series B or beyond. This is similar to how people bid on mid-market houses in San Francisco, overbidding on houses around $2 million, but the $5 million houses see much less competition. Second, we might see…
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Source: TechCrunch