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Are You Raising Too Much as a Founder?
You want to use the capital you raise to build value, absolutely. And anywhere sort of less than doubling the valuation of your last round, you're not going to be happy with the delution you're taking as a founder. If i'm raising five million dollars right now, then 12 to 18 months from now, i have to justify like, a 50 million dollar post or post money valuation. That's crazy. I mean, your betting on some some crazy magic event peningi in the mid term.