[xivzgrev]

Remember dilution compounds into future funding rounds. I agree with point of this article intuitively - just take a month or two to run an accelerated process.

It’s not just about the money, it’s also entering into a partnership. So you shouldn’t take the first offer, you should at least shop it to know your options (quant and qual).

[zterky]

There's a bias here in that as a founder if I'm disappointed in one of my investors I would decline the pre-emptive offer and actively seek alternatives. In some cases I may even be interested in more dilutive options if it re-structures the companies governance.