This is why he wants to preferrably be first money in. It's smart. He needs to be careful though. If he does this and a high valuation is had for future money b

This is why he wants to preferrably be first money in. It's smart. He needs to be careful though. If he does this and a high valuation is had for future money but the company doesn't do well, then VCs will be cautious of future hype.