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With government programs and founders bootstrapping, we are pretty sustainable and only need a short term bridge loan to get us through the year. We are however, looking to raise seed money to help us accelerate growth. A VC that we are in discussions with stated they do a minimum of $400,000 in seed round. Our cashflow projection does not require that amount of money at this point, even in the worst case scenario. Should we do a smaller deal instead of going for that round, which would dilute us significantly at this stage of our startup. Or should we raise enough money for the next 2 years?

Fundraising

Private Equity

Seed Capital

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Marla Allentoff answered

It is up to you. It is good to have a goal and achieve that goal. What is important is that those that participate know what the money is going toward. Looks like you have done great work!!!!!

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