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

David Jackson (Founder, Seeking Alpha)
Why your VCs want you to raise a large round | A Founder’s Notebook

Since the size of a round is always proportionate to its valuation, this means it’s in your VCs’ interests to have you raise a large round. A large round has many advantages — capital can be used as an offensive strategy. But a large round is not always best for the company, the founder or the team. As Rob Go says, “modest sized rounds focus a team and establish discipline”.