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There's a meme around that if you crowdfund the VC industry will see this as "negative signaling" and blackball you.

I have wondered first of all if it's true. Good numbers are good numbers right? Is a VC going to pass on a great deal because they crowdfunded a prior round?

Secondly if it is true it seems self serving protectionism, like taxi companies trying to scare you away from Uber and Lyft.