Bennett Siegel (@BennettSiegel) / X

Bennett Siegel

451 posts

Bennett Siegel

@BennettSiegel

Co-founder @A_StarVC. Previously Partner @coatuemgmt

San Francisco, CA

Joined January 2022

Pinned
Bennett Siegel
@BennettSiegel
May 12
Today, we're announcing A* III, a $450 million early-stage fund. We started @A_StarVC with the simple idea to be a founder's first believer. We are generalists by sector, but specialists in the stage and craft of seed investing. We partner with founders before there is
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Bennett Siegel
@BennettSiegel
Mar 18, 2025
Wiz raised at $1.7B on $2M of ARR in 2021. Investors in that round made 15x+ in 4 years. Expensive rounds can look very smart in hindsight.
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Bennett Siegel
@BennettSiegel
Jun 6, 2025
Inspired by @ColeRotman, we looked at the seed rounds of all the AI Unicorns founded post transformer. Interestingly, none have come out of YC, and no one except a16z has led or co-led more than 2 seeds. ~20% of the founders pivoted to their current businesses.
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Bennett Siegel
@BennettSiegel
Feb 19, 2025
If you see a VC firm release a white paper or market map saying they are "looking for founders building here", I'd suggest not starting a new company in that space.
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Bennett Siegel
@BennettSiegel
May 20, 2025
Maybe I’m old fashioned, but I often root for the VCs that give the first term sheet to our companies. All else being equal it means they move quickly and with independent conviction, which makes them better than 90% of their peers
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Bennett Siegel
@BennettSiegel
Jun 17, 2025
Today @tryramp announced a fundraise at a $16b billion valuation. My partnership with @eglyman, @karimatiyeh and Ramp dates back to 2019 when I met Eric in a NYC coffee shop the morning after he incorporated the company. By the end of the day, I had committed to investing. It
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Bennett Siegel
@BennettSiegel
Apr 14, 2025
If a multistage fund offers to lead your seed round and feels the need to let you know you are NOT an option check, you should reference that with the 20 seeds they led last month
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Bennett Siegel
@BennettSiegel
Sep 16, 2022
Thank you Figma for keeping growth markets closed for a few more months since every startup now thinks they are worth 50x+ ARR again 😊
Bennett Siegel
@BennettSiegel
Jan 24, 2025
Our new investor at A* just informed me that it’s no longer enough for us to find generational companies and help them be successful, we now all have to tweet about it too. More updates on this front soon…
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Bennett Siegel
@BennettSiegel
May 17, 2022
Ironic that those firms who overpaid the most are now the loudest advising founders to tighten their belts. You can’t make this stuff up
Bennett Siegel
@BennettSiegel
Jun 21, 2024
Excited to share more about what we have quietly been building at A* over the last few years. I'm grateful to our investors and founders for the opportunity. We are just getting started. @kevinhartz @GGuptaSF @vik_rama @jhwindmueller
techcrunch.com
Kevin Hartz's A* raises its second oversubscribed fund in three years | TechCrunch
Despite a tough fundraising market, A* raised $315 million for its second fund to focus on leading seed rounds.
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Bennett Siegel
@BennettSiegel
May 5, 2025
We asked for a customer reference as the last step in our process before extending a TS to lead a seed round. Founder replied and said he was surprised because we were the first fund running actual due diligence instead of issuing vibes-based term sheets. Sign of the times!
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Bennett Siegel
@BennettSiegel
Apr 5, 2025
Replying to @BlueBoxDave
I have good news for you. We actually have many economists in the US who do have an idea of what will happen.
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Bennett Siegel
@BennettSiegel
Mar 27, 2025
Lessons learned working with half a dozen founders on Series A fundraises over the past few months. Story telling is king, and brevity is the soul of wit. Investors are still largely underwriting you (as much as the market and metrics), so nail the narrative. Momentum matters.
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