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If I take $100K from an angel no one is going to wonder why the angel isn't putting in $2Mil in the next round - angels just don't handle deals that big. If I
by smanek 17y ago
If I take $100K from an angel no one is going to wonder why the angel isn't putting in $2Mil in the next round - angels just don't handle deals that big.
If I take $100K from a VC and that VC opts not to put in another $2Mil, everyone will wonder what the VC saw that made them not want to invest.
- trapper 17y agoHaven't you got bigger worries if someone who invested in you once won't invest again?
- alanthonyc 17y agoYou're missing the point of the article. It's that the seed VC will essentially have control of the appearance of your startup's chances for success. If they don't reinvest (for whatever reason, even if your company is in good shape), you will look bad. If they do reinvest, they won't be doing so at fair value.
- trapper 17y agoGood point, you're right, I missed it.