It's just not reasonable to expect startups to pick an optimal round
size in advance, because that depends on the reactions of investors,
and those are impossible to predict.
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High Resolution Fundraising y convinced, the startup should raise more now, and if investors are skeptical, the startup should take a smaller amount and use that to get the company to the point where it's more convincing. <span>It's just not reasonable to expect startups to pick an optimal round size in advance, because that depends on the reactions of investors, and those are impossible to predict. Fixed-size, multi-investor angel rounds are such a bad idea for startups that one wonders why things were ever done that way. One possibility is that this custom reflects the way invest Summary
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