The First Money is the Most Expensive Money

Why Startups Should Avoid Raising More Than They Have To

DC Palter
Entrepreneurship Handbook
4 min readJul 27, 2022

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Photo by Markus Winkler on Unsplash

Without a doubt, the most frequent question from early-stage startup founders preparing for their first raise is: how much money should we raise?

They’ve heard the stories of startups doing huge raises before their product is even finished. Sometimes before it’s even…

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Entrepreneur, angel investor, startup mentor, sake snob. Author of the Silicon Valley mystery To Kill a Unicorn: https://amzn.to/3sD2SGH