Go: 30% dilution pre-PMF hurts founder leverage in future rounds
Rob Go · 20VC: Rob Go @ NextView on WTF Is Seed Investing Today and Why Raising Too Much Money Can Harm Your Startup · May 16, 2016 · at 16:06
Rob Go, co-founder of NextView Ventures, discusses the trade-offs between valuation, dilution, and future fundraising leverage for early-stage founders.
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“Like selling a third of your company before product market fits seems pretty painful. Versus trying to sell, you know, 15, 20% of the company for less money, but getting you to a point where you have a lot more leverage the next time you have to go to raise, raise capital.”
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