Shows / The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Series A Show with Fexingo is the podcast that decodes the mechanics of early-stage venture financing. Each episode, co-hosts Lucas and Luna dissect a single startup's Series A round — from pitch deck structure and unit economics to cap table negotiations and the critical milestones that trigger institutional investment. Lucas walks through the actual numbers of a real announced round: pre-money valuation, revenue multiples, burn rate, and the growth metrics VCs demand. Luna presses him on…
Episodes
The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup MilestonesWhy Startups Are Benchmarking Against Public Comps Pre-Series A
In this July 2026 episode, Lucas and Luna explore a growing trend in early-stage fundraising: startups using public market comparables, like Palantir's…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling No-Cap Notes in Mid-2026
In this episode of The Series A Show, Lucas and Luna dive into the mechanics of rolling no-cap notes, a fundraising instrument gaining traction among…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Giving Customers Equity for Data
In this episode of The Series A Show, Lucas and Luna explore a growing trend among early-stage startups: offering equity to customers in exchange for data…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling No-Cap Notes in Mid-2026
It's July 2026 and the pre-seed market has shifted again. Lucas and Luna dig into the mechanics of rolling no-cap notes — the uncapped SAFE variant…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Startup Playbook for Pricing Power in 2026
Lucas and Luna unpack a counterintuitive truth in today's market: many early-stage startups have more pricing power than they realize. Drawing on the…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Founders Are Offering Rolling No-Cap Notes in 2026
Episode 110 of The Series A Show digs into a quiet shift in early-stage fundraising: rolling no-cap notes. Lucas and Luna explore why founders are offering…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Giving Early Customers Board Seats
A growing number of early-stage startups are handing board seats to their first power users — not just investors. Lucas and Luna unpack the strategy behind…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling SAFEs to Close Rounds Faster
On Episode 108 of The Series A Show, Lucas and Luna examine the growing trend of rolling SAFEs in early-stage fundraising. They break down how Y…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Raising via Rolling SAFEs
In this episode of The Series A Show, Lucas and Luna explore the mechanics of rolling SAFEs, a fundraising strategy that lets startups close interim funding…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use AI to Personalize Investor Updates
Lucas and Luna explore how early-stage startups are using AI to craft personalized investor updates that boost engagement and close follow-on rounds faster…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Building Pre-Seed Rounds With Rolling Funds
In this episode of The Series A Show, Lucas and Luna examine how rolling funds are reshaping pre-seed fundraising in 2026. They break down the mechanics of…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Use Rolling SAFEs to Close Rounds Faster
In this episode of The Series A Show, Lucas and Luna explore how rolling SAFEs have become a dominant tool for early-stage startups to close funding rounds…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling SAFEs to Close Rounds Faster
Episode 103 of The Series A Show explores a rising trend in early-stage fundraising: the Rolling SAFE. Lucas and Luna break down how founders are using this…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Startups Are Building Flywheels With Referral Incentives
Lucas and Luna explore how early-stage startups are using referral incentives — not just for user acquisition, but to build a self-reinforcing flywheel. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Earnouts to Bridge Valuation Gaps
In this episode of The Series A Show, Lucas and Luna explore the growing trend of earnout agreements in early-stage startup funding. They examine why more…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Founders Use Rolling Funds to Build Pre-Seed Momentum
In this episode of The Series A Show, Lucas and Luna explore how rolling funds have become a strategic tool for pre-seed startups to build momentum before…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use AI to Automate Investor Outreach
Lucas and Luna dive into the growing trend of startups using AI agents to automate investor outreach and pipeline management. They discuss a specific case: a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Earnouts to Bridge Valuation Gaps
Episode 98 of The Series A Show. Lucas and Luna dig into earnout agreements—a deal structure gaining traction when founders and VCs disagree on valuation…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Build Pre-Seed Momentum
Many pre-seed startups are turning to rolling funds to accelerate their fundraises. This episode breaks down how these structures work, why they're…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Founders Are Using Rolling Funds to Build Pre-Seed Momentum
In this episode of The Series A Show, Lucas and Luna explore how early-stage founders are leveraging rolling funds to close pre-seed rounds faster and build…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Now Selling Customer Equity to Fans
In Episode 95 of The Series A Show, Lucas and Luna explore a fresh early-stage funding trend: customer equity programs. Instead of giving equity to investors…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Funds to Build Momentum
In this episode of The Series A Show, hosts Lucas and Luna explore how pre-seed startups are leveraging rolling funds to create continuous fundraising…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Trading SAFEs for Earnout Agreements
Lucas and Luna dive into a quiet shift in early-stage deal structure: earnout agreements. Instead of the standard SAFE or priced round with a valuation cap, a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Putting Cap Tables on the Blockchain
Episode 92 looks at a quiet shift in early-stage investing: startups moving cap tables onto public blockchains. Lucas and Luna explore why founders are trading…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Pre-Seed Startups Use Rolling Funds to Build Momentum
In this episode, Lucas and Luna explore how pre-seed startups are using rolling funds to build investor momentum without the pressure of a traditional…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Funds to Close Rounds Faster
In Episode 90 of The Series A Show, Lucas and Luna dig into the mechanics of rolling funds—the continuous venture capital vehicles that let startups raise…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Funds to Close Rounds Faster
Rolling funds have become a staple in early-stage investing, allowing startups to raise capital continuously rather than in discrete rounds. In this episode…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Rolling Funds Changed Early-Stage Investing
In episode 88 of The Series A Show, Lucas and Luna explore how rolling funds have fundamentally shifted early-stage investing since their SEC approval in 2020…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Funds to Close Rounds Faster
In Episode 87 of The Series A Show, Lucas and Luna explore a controversial trend in early-stage fundraising: rolling funds. With specific data from the current…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Options Pools to Attract Talent
In this episode of The Series A Show, Lucas and Luna discuss how early-stage startups are increasingly using rolling options pools—constantly replenishing…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Giving Users Equity Instead of Discounts
Episode 85 of The Series A Show explores a growing trend among early-stage startups: user equity programs. Lucas and Luna discuss how companies like a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Pivoting to AI Agent Marketplaces
In this episode of The Series A Show, Lucas and Luna explore the rising trend of AI agent marketplaces in the startup ecosystem. They discuss how companies…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Pre-Filled Drug Trials
In this episode of The Series A Show, Lucas and Luna examine a surprising new tactic in biotech startup fundraising: pre-filled drug trials. Instead of…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Biotech Startups Are Moving to Pre-Filled Drug Trials
Episode 82 of The Series A Show explores a controversial new trend in early-stage biotech: pre-filling patient cohorts before the FDA officially signs off…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Notes Instead of SAFEs
In Episode 81 of The Series A Show, Lucas and Luna explore why rolling notes are replacing SAFEs as the go-to instrument for pre-seed and seed rounds. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Offering Revenue Share Agreements Instead of Equity
In this episode of The Series A Show, Lucas and Luna explore a growing trend in early-stage funding: revenue share agreements (RSAs) — where investors get a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Pivoting to Revenue-Based Financing
In this episode of The Series A Show, Lucas and Luna explore the surge in revenue-based financing (RBF) as an alternative to equity dilution for early-stage…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Startups Use Rolling Funds to Close Rounds Faster
In this episode of The Series A Show, Lucas and Luna explore how startups are increasingly using rolling funds—a continuous capital raise model popularized by…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Funds to Close Rounds Faster
In Episode 77 of The Series A Show, Lucas and Luna dive into the mechanics of rolling funds — a fundraising vehicle that lets startups raise capital…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Funds to Close Rounds Faster
In this episode of The Series A Show, Lucas and Luna explore why early-stage startups are increasingly turning to rolling funds as a faster, more flexible…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Startups Are Using Rolling Funds to Close Rounds Faster
In episode 75 of The Series A Show, Lucas and Luna dig into the rising popularity of rolling funds — a structure that lets startups raise capital continuously…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why VCs Are Asking for Cap Table Transparency
A growing number of venture capital firms are demanding full cap table transparency before even scheduling a first meeting. Lucas and Luna break down why this…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Syndicate SPVs to Close Rounds Faster
Episode 73 of The Series A Show breaks down a fundraising tactic gaining traction in mid-2026: the syndicate SPV. Lucas and Luna walk through a real example —…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Offering Revenue Share Agreements Instead of Equity
Lucas and Luna explore the growing trend of startups using revenue share agreements to raise capital without diluting equity. They dive into the mechanics, why…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling SAFEs to Raise Capital Faster
Episode 71 of The Series A Show covers the mechanics of rolling SAFEs—a fundraising trend gaining traction in 2026. Lucas and Luna break down why startups are…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Building in Public on Social Audio
In this episode, Lucas and Luna explore the growing trend of startup founders using social audio platforms—like Twitter Spaces and Clubhouse—to build in…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why VCs Love Startups That Sell to Other Startups
Episode 69 of The Series A Show explores a funding trend that's quietly redefining early-stage venture: startups that build products for other startups…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling SAFEs to Raise Capital Faster
In this episode, Lucas and Luna explore the rising trend of rolling SAFEs in early-stage fundraising. They explain how this flexible instrument allows startups…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Notes Instead of SAFEs
Episode 67 of The Series A Show dives into rolling convertible notes — a funding instrument gaining traction in 2026 as an alternative to SAFEs with valuation…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling SAFEs to Raise Capital Faster
In this episode of The Series A Show, Lucas and Luna unpack the growing trend of rolling SAFEs—where startups keep their fundraising round open for weeks or…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Build AI Agents to Automate Investor Outreach
Lucas and Luna dive into the growing trend of startups using AI agents to automate investor outreach. They discuss a specific case: a SaaS startup that built a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Data Rooms as Pitch Decks
In Episode 64 of The Series A Show, Lucas and Luna break down the surprising trend of startups merging their data rooms with pitch decks. With VCs making…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Startups Are Using AI to Personalize Pitch Decks
On this episode of The Series A Show, Lucas and Luna discuss how startups are now using artificial intelligence to generate personalized pitch decks for…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Fusion Startups Raised Over 100 Million Each
Lucas and Luna dive into the exploding world of fusion energy startups, focusing on the handful that have crossed the $100 million fundraising mark. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Phantom Stock to Retain Talent Without Dilution
In this episode, Lucas and Luna explore why a growing number of pre-IPO startups are turning to phantom stock plans as an alternative to traditional equity…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Adding Podcasts to Investor Updates
Lucas and Luna explore a surprising trend in startup fundraising: founders are launching private podcasts for their investor updates instead of writing long…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Offering Revenue Share Agreements Instead of Equity
In this episode, Lucas and Luna explore a growing trend in early-stage financing: revenue share agreements (RSAs), where startups promise investors a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Pitch Decks as Data Rooms
In this episode of The Series A Show, Lucas and Luna explore a surprising shift in early-stage fundraising: startups are replacing traditional pitch decks with…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Raising SAFEs With Valuation Caps Again
Episode 57 of The Series A Show looks at the quiet return of the SAFE note with a valuation cap. Lucas and Luna examine recent data from Y Combinator and Carta…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why VCs Are Asking Founders for a Concrete Exit Plan
This episode of The Series A Show examines a trend reshaping early-stage fundraising: venture capitalists increasingly demand that founders articulate a…