This podcast episode examines the challenges and opportunities of fundraising in the current market environment, delving into the decline in total capital raised, particularly in Series B funding, and the impact on valuations. Additionally, it sheds light on the expectations of venture capitalists for revenue and multiples in seed, Series A, and Series B funding rounds, emphasizing the importance of strategic preparation and relationship-building. The episode also discusses the evolving fundraising timeline and the need to adapt to the changing market conditions, including adjusting valuation expectations and considering down rounds.