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Published on
18
…part of fund size increases has been about maintaining ownership levels.
US VC Series A Round Median Ownership
0%
10%
20%
30%
40%
1990s 2014 2015 2016 2017 2018
25% 25% 26%
28%
29%
Methodology: For 2014-2018, divided Median Deal Size by Median Post-Money Valuation for Series A deals
Source: Pitchbook data for 2014-2018, Upfront analysis
35%+
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