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Even knowing this, would you be able to turn down an investment from a top VC firm while you were raising a seed round? We're wired to expect things to always
by pedalpete 15y ago
Even knowing this, would you be able to turn down an investment from a top VC firm while you were raising a seed round?
We're wired to expect things to always get better, we're wired to believe that we are the ones who will succeed and that the VC not doing a follow-on round would happen to other companies, but not us.
I also suspect getting a big name VC in on your seed round goes a long way to getting more investors in that seed round.
Can somebody give an example of when they turned down an investment from a larger firm, and if they now look back on it as a positive?