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angel investing: Do a start-up should search for angel financing between seed and round A even if it's burn rate is low and have a budget to operate till round A?
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DS
Dr. Shishir Gupta, Angel Investment, Venture Capital, Idea Validation answered:

Do a bridge round only if you need the funds for critical operations. If you can postpone it or manage till A then avoid it, so that you get best valuation and retain more equity.

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