While raising $100M sounds awesome, its really hard to increase the value of your company. This means unless you raise an even bigger round next time, you are r

While raising $100M sounds awesome, its really hard to increase the value of your company. This means unless you raise an even bigger round next time, you are risk de-valuing your company in the future by raising so much money right now (called a downround in VCs). Raising so much money also runs the risk of ownership dilution and if you have a downround in the future, your ownership will probably get diluted even more to maintain the % ownership of previous investors.