I suggest founders start with a low cap and only raise it once they have 1 year of money. A lead can come in later and perhaps set a higher price but I agree with you — dangerous to start high by yourself, as you can exclude investors unnecessarily.
I suggest founders start with a low cap and only raise it once they have 1 year of money. A lead can come in later and perhaps set a higher price but I agree with you — dangerous to start high by yourself, as you can exclude investors unnecessarily.
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