What’s the best way to raise the right amount of money?

Jason Calacanis (Founder & CEO @ Inside.com)
How to select your angel round valuation (aka “the $4m rule”) — Medium

Have coffee with the angel you want most in your startup and ask the following question: “Cyan, can I ask you for a favor?” [they will say yes] “Would you candidly tell me at what valuation you would want to invest in my startup? I really want to hear what you think the number is. Even a range is helpful.” Do this five times and you’ll know what the right number is.