3 ms·
Not really, no. "Follow-on rounds" are a thing. Usually with rounds more like 2x the valuation than 8x, but still. The last company I was at went out and raised
by kobeya 9y ago
Not really, no. "Follow-on rounds" are a thing. Usually with rounds more like 2x the valuation than 8x, but still. The last company I was at went out and raised 3x as much at 2x the valuation Series B while the ink was drying on the Series A. There was demand, so why not?
- saalweachter 9y agoHell, if nothing else the company is cash rich after the first round and less desperate for funding. You need a better offer just to convince them to dilute themselves further when they don't really need to.