Comment by merijn481

Following the advice of this post can make a 10x difference in outcome for founders. This is because they will sharpen their skill to raise this way in every round. The reduced dilution compounds. The additional money in each round can help get you to critical mass first. It’s a powerlaw. One of the most important things to understand when you’re doing a startup. Growth is what makes a company a startup: http://www.paulgraham.com/growth.html. Process and leverage in fundraising is an absolute condition to get there. This post should have 1000 points.