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69 propositions

65 inferences

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Claim

When you start fundraising, your initial valuation will be set by the deal you make with the first investor who commits




Arguments

If it is true that...

It will be easier to raise money at a lower valuation

Then it must be true that...

When you start fundraising, your initial valuation will be set by the deal you make with the first investor who commits


Consequences

If it is true that...

When you start fundraising, your initial valuation will be set by the deal you make with the first investor who commits

Then it must be true that...

Startups should approach fundraising in phases 2 and later by taking the best of the options in front of them right now

If it is true that...

When you start fundraising, your initial valuation will be set by the deal you make with the first investor who commits

Then it must be true that...

If someone makes you an acceptable offer, take it