Let's say you're a very early stage startup with no raised capital. Let's also say you have two equally plausible options today of raising a convertible note wi

Let's say you're a very early stage startup with no raised capital. Let's also say you have two equally plausible options today of raising a convertible note with a cap. You can raise either $500k or $1M. How would you choose? Bottom line -- if you could, would you take more capital now given the potential risk of a double-dip recession, or take less and hold onto more of your company?