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69 propositions

65 inferences

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Claim

If someone makes you an acceptable offer, take it




Arguments

If it is true that...

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

Then it must be true that...

If someone makes you an acceptable offer, take it

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

If it is true that...

As you start to feel you've raised enough, the threshold for acceptable will start to get higher

Then it must be true that...

If someone makes you an acceptable offer, take it


Consequences

If it is true that...

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

and

If someone makes you an acceptable offer, take it

and

If you have multiple incompatible offers, take the best one

and

Don't reject an acceptable offer in the hope of getting a better one in the future

Then it must be true that...

If you're raising money from many investors, roll them up as they say yes

If it is true that...

If someone makes you an acceptable offer, take it

and

If you have multiple incompatible offers, take the best one

Then it must be true that...

Don't reject an acceptable offer in the hope of getting a better one in the future