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 MilestonesHow Startups Are Using AI to Automate Fundraising Outreach
Lucas and Luna explore how early-stage startups are leveraging AI agents to automate investor outreach and follow-ups. They discuss the rise of AI fundraising…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Earnouts to Hire Top Talent in 2026
In this episode of The Series A Show, Lucas and Luna explore how early-stage startups are using earnout clauses to attract and retain top talent without…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Using Rolling Closes in 2026
In this episode of The Series A Show, Lucas and Luna explore the growing trend of rolling closes in startup fundraising. With live market data from June 15…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Offering Earnouts to Hire Top AI Talent
Lucas and Luna discuss a growing trend in startup hiring: instead of competing with Big Tech on salary, early-stage companies are offering stock earnouts tied…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How AI Startups Are Ditching Per-Seat Pricing for Usage-Based Models
In this episode of The Series A Show, Lucas and Luna dive into the growing trend of AI startups moving away from per-seat pricing toward usage-based and…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Startup Cap Table Mistake Founders Make Too Late
In episode 50 of The Series A Show, Lucas and Luna dig into one of the most preventable disasters in early-stage startups: cap table mistakes. They break down…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startup Pitch Decks Are Shrinking to One Slide
In this episode of The Series A Show, Lucas and Luna explore a quiet revolution in early-stage fundraising: the rise of the one-slide pitch deck. They trace…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How SpaceX IPO Changes Startup Exit Strategy for Founders
Today is June 12, 2026, and SpaceX just went public with shares soaring 30% on debut. Lucas and Luna examine what this means for the startup exit landscape…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Valuations to Raise Capital Smarter
In this episode of The Series A Show, Lucas and Luna explore how rolling valuations are changing the fundraising landscape for startups. Instead of setting a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How SpaceXs IPO Reshapes Startup Exit Strategy
In this episode of The Series A Show, Lucas and Luna examine how SpaceX's record-breaking IPO changes the calculus for early-stage founders. They break…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling-Closes to Build Fundraising Momentum
In this episode of The Series A Show, Lucas and Luna dive into the mechanics of rolling-closes—a fundraising strategy where startups accept investments on a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Closes in 2026
In this episode of The Series A Show, Lucas and Luna explore the surging trend of rolling closes—where startups keep their fundraising rounds open for months…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why AI Startups Are Pivoting to Per Employee Pricing
On this episode of The Series A Show, Lucas and Luna explore a growing trend in B2B SaaS pricing: per-employee, or 'per seat,' models are making a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Using Rolling Valuations in 2026
Episode 42 of The Series A Show explores why rolling valuations are becoming the default for early-stage deals in 2026. Lucas and Luna break down the mechanics…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Raising on Rolling Valuations in 2026
In this episode of The Series A Show, Lucas and Luna explore how rolling valuations are reshaping early-stage fundraising in 2026. They break down the…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Founders Are Using Rolling Funds to Raise Capital Faster in 2026
Lucas and Luna dive into the mechanics of rolling funds—a fundraising structure that allows startups to accept capital continuously rather than in discrete…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startup Founders Are Using Rolling Closes to Raise Capital Faster
In this episode of The Series A Show, Lucas and Luna explore the mechanics of rolling closes, a fundraising strategy that lets startups close investors in…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why VCs Are Demanding Live Demos Over Pitch Decks
Episode 38 of The Series A Show: Lucas and Luna explore a seismic shift in early-stage fundraising — VCs now demanding real-time product demos, not polished…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Raise Capital Faster
In this episode of The Series A Show, Lucas and Luna explore how startups are leveraging rolling funds to accelerate their fundraising timelines. With recent…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startup Pitch Decks Are Getting Replaced by AI Demos
In this episode of The Series A Show, Lucas and Luna explore a surprising trend reshaping early-stage fundraising: startups are ditching the classic pitch deck…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Founders Are Using Rolling Funds to Close Faster in 2026
Lucas and Luna explore the rapid rise of rolling funds in early-stage startup fundraising. With specific data from the current market—including a 15.6% drop in…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Cliff Vesting Debate Every Founder Must Navigate
Episode 34 of The Series A Show with Fexingo tackles one of the most contentious terms in term sheets: the single-trigger vs. double-trigger cliff vesting…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Supabase Doubled to 10B in 8 Months What That Means for B2B SaaS Valuations
Supabase just doubled its valuation to $10 billion in eight months — one of the fastest re-ratings in B2B SaaS this cycle. Lucas and Luna break down what drove…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The SAFE Note Trap Why First Money Terms Matter Most
Lucas and Luna break down the hidden costs of SAFE notes for early-stage startups. They use the example of a real seed round from early 2025 that ended up…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use SPVs to Land Strategic Investors
Lucas and Luna unpack the rise of special purpose vehicles as a fundraising strategy for early-stage startups. They examine how a B2B SaaS company raised $4…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startup Markups Signal Fundraising Momentum
Lucas and Luna dig into the latest round for quick-commerce startup FirstClub, which doubled its valuation to $255 million in nine months. They explain what a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Using Rolling Funds to Keep Investor Capital Flowing
In this episode of The Series A Show, Lucas and Luna explore the growing trend of rolling funds — a flexible, continuous fundraising mechanism that startups…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Cap Table Math Behind Cyera's 80x ARR Valuation
When Cyera reportedly sought a $12 billion valuation at 80x ARR despite operating losses, the number sounded eye-popping — but is it actually defensible? In…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Raise Capital Faster
Episode 27 of The Series A Show dives into rolling funds: a fundraising model where startups accept capital continuously rather than in discrete rounds. Lucas…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Startups Are Raising Money Without Pitch Decks
Lucas and Luna explore a growing trend in early-stage funding: startups raising capital without a formal pitch deck, relying instead on data rooms, warm…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Ditching Pitch Decks for Data Rooms
In this episode of The Series A Show, Lucas and Luna explore a growing trend in early-stage fundraising: startups raising capital without a pitch deck. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Raising Without a Pitch Deck
Lucas and Luna explore a growing trend in early-stage fundraising: startups that skip the traditional pitch deck entirely and rely on data rooms, product…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Closes to Raise Capital in Weeks
Episode 23 of The Series A Show with Fexingo: Lucas and Luna dive into the rolling close strategy that startups are using to accelerate fundraising. Instead of…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Keep Investor Capital Flowing
In this episode of The Series A Show, Lucas and Luna explore the rising trend of rolling funds—a structure that allows startups to raise capital continuously…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Funds to Keep Investor Capital Flowing
In this episode of The Series A Show, Lucas and Luna dive into the mechanics of rolling funds — the vehicle that allows startups to raise capital continuously…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Keep Investor Capital Flowing
In this episode of The Series A Show, Lucas and Luna explore how rolling funds are reshaping early-stage fundraising. With data from May 30, 2026 showing ARK…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How AI Coding Startups Like Cognition Pitch VCs
In this episode of The Series A Show, Lucas and Luna explore how AI coding agent startups are navigating the venture capital landscape in 2026. With…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Raise Money Without a Pitch Deck
Episode 18 of The Series A Show explores a growing trend: venture firms raising funds without pitch decks. Lucas and Luna discuss how firms like a16z and…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Close Faster
Lucas and Luna explore how rolling funds are changing the fundraising timeline for startups, allowing them to close rounds in weeks instead of months. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use Rolling Funds to Keep Investor Capital Flowing
In this episode, Lucas and Luna explore how rolling funds are reshaping early-stage fundraising. They break down the mechanics of rolling funds—how they differ…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Thea Energy Raises 100 Million for Fusion Startup
On today's episode of The Series A Show, Lucas and Luna break down how Princeton-based Thea Energy just raised $100 million to become one of the…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Close Faster
In this episode, Lucas and Luna break down how rolling funds have become the go-to vehicle for early-stage startups that need capital on their own timeline…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How a Startup Is Training Robots on India Gig Workers
This episode zooms in on a single concrete startup story: an Indian company that's using gig workers to label data for robot training, effectively turning…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Use the Rolling Close to Raise Capital in Weeks
Episode 12 of The Series A Show with Fexingo. Lucas and Luna break down the rolling close—a fundraising tactic that lets startups bring investors on board as…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The Pitch Trick That Landed 20 Million for an eSports Startup
Episode 11 of The Series A Show explores how an eSports startup raised $20 million in 2026 by reframing its pitch for VCs obsessed with AI. Lucas and Luna…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More VCs Are Demanding Board Observer Rights
Lucas and Luna dig into a fast-rising term in early-stage funding: the board observer seat. Once reserved for later-stage lead investors, observer rights are…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Venture Debt Became a Startup Lifeline
Lucas and Luna explore the rise of venture debt as a strategic financing tool for startups, using the current IPO drought and rising interest rates as a…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How SolarSquare Is Winning India's Rooftop Solar Market
On this episode of The Series A Show, Lucas and Luna explore the startup SolarSquare, which is in talks to raise up to $60 million as India's rooftop…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Rising Star Peec Doubled Revenue to 10 Million in Months
Lucas and Luna dig into the story of Peec, a Berlin-based startup that more than doubled its annualized revenue to $10 million in just a few months. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
The ARR Game How AI Startups Inflate Revenue Numbers
Lucas and Luna dig into a recent TechCrunch investigation revealing how VCs and founders artificially inflate 'Annual Recurring Revenue' to crown AI…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Biotech Startups Are Cashing In on AI Drug Discovery
Lucas and Luna dive into the biotech startup boom fueled by AI drug discovery. With the ARKG Genomics ETF surging over 10% in the past five days, they examine…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
How Startups Are Using Rolling Funds to Raise Capital Faster
Lucas and Luna explore the rise of rolling funds as a new mechanism for startups to raise capital continuously, rather than in traditional discrete rounds…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Choosing SAFE Notes Over Priced Rounds
Lucas and Luna drill into a question that every early-stage founder faces: priced round or SAFE note? Using Y Combinator's growing influence and the…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
General Catalyst Bets 63 Million on India Travel Payments
In this episode of The Series A Show, Lucas and Luna dive into General Catalyst's recent $63 million bet on India's travel payments market. They…
- The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Unlocking the Defense Tech Startup Opportunity
In this inaugural episode of The Series A Show, Lucas and Luna break down the evolving landscape of defense tech startups, using Mach Industries' recent…