Comment by NickC25

Uh, that's not "better".

If you have a huge chunk of change sitting around, you've raised too much or too early, and you've successfully diluted yourself for zero reason.

If you actually had a reason to raise a lot of money, you'd do with the money what you promised the investors (who gave you the money) you would.

I've raised before. I raised what I needed. Not a penny more because I didn't need the money.