Interesting. Due to the seed explosion (which is absolutely a good thing, more entrepreneurs trying new stuff) Series A has indeed become very challenging -- extremely challenging, even.

Rather than raise more seed, we decided to buckle down and try to fund through paying customer growth. Slower of a curve than a 2 or 3 million dollar injection, but no strings attached either. And I figure you need to develop your billing and customer chops eventually anyway, so why not start building those skills now?