I think it's part of the TechStars tactic to ask for the bare minimum, and hope for more. It makes your company look leaner, which signals to investors that the

I think it's part of the TechStars tactic to ask for the bare minimum, and hope for more. It makes your company look leaner, which signals to investors that their money is working hard. For instance this video has been cited as a "perfect pitch" http://www.youtube.com/watch?v=RAKJcWYAvW4 http://www.youtube.com/watch?v=RAKJcWYAvW4 Percentages always sound more impressive than numbers. For instance if you ask for 300,000 and get 500,000; you can say we were 167% over our goal amount or whatever. I've seen it done on kickstarter funding, and I've done it myself.