I agree with Fred that it's a hypothetical number much like the unicorn and shouldn't be used as a scorecard. :) Having said that I wonder how the drawbacks co

I agree with Fred that it's a hypothetical number much like the unicorn and shouldn't be used as a scorecard. :) Having said that I wonder how the drawbacks compare with merits of raising money at a higher valuation (not for ego boost) such as: - Legitimization of the business in the eyes of the customers being onboarded, - Creating a buzz which introduces the company to new user base funneling more users, - Providing a longer runway and helping the founders from being distracted and wasting precious cycles trying to raise money in near future.