Congratulations both on your success and the offer. The offer from PG is in the range of what they do, seed capitol. I imagine that they have x capitol allocat

Congratulations both on your success and the offer. The offer from PG is in the range of what they do, seed capitol. I imagine that they have x capitol allocated with y slots and they needed to squeeze in your deal. The important part from my perspective is the guidance and connections. No you probably don't need the seed capital. But you may benefit tremendously from the guidance and connections. You could easily give away 7% or more to board members for guidance and connections that probably is not as good as you would get from PG and YC. If I was in your position I would ask how they think they can facilitate growing your companies position in the marketplace. If they can setup some great meetings that have the potential to grow your business. And these opportunities are beyond your reach it is most likely worth it. If the contributions in guidance and connections only benefit you as a 5% increase in sales and a 5% in savings it is still a net win. I would expect that in the worst case it would be significantly better than that.