Journal · #early-stage-vc

Series A Funding in 2026: How European VCs Screen Deals

What European VC analysts actually screen for at Series A in 2026: ARR thresholds, NRR floors, burn multiples, and the qualitative signals that move a deal from pipeline to partner meeting.

What Is a Term Sheet? The VC Analyst's Field Guide

What a term sheet covers, why liquidation preference structure matters more than the multiple, and how EU deals differ from US term sheets.