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You can overfund but if you use it wisely, you may be ok. Just don't spend it too casually. But yea, the more funding you take, the more your investor are pushi
by codegeek 5y ago
You can overfund but if you use it wisely, you may be ok. Just don't spend it too casually. But yea, the more funding you take, the more your investor are pushing for a high valuation and sometimes it gets crazy. I saw someone pitch a product on SharkTank with a $11 Million valuation and the product is still in research/pre-production. The argument was that they had already raised tons of money pushing the valuation to some crazy number.