> not on a scale that is so noticeable. it's more likely that the equity raised are deployed to produce more value than the "loss" due to dilution. For a star

> not on a scale that is so noticeable. it's more likely that the equity raised are deployed to produce more value than the "loss" due to dilution. For a startup, this might be harder, since the revenue is less clear, and thus the valuation is very inaccurate. For a mature/listed company, the revenue is much clearer and thus the valuation is more accurate.