The conversation between human and AI assistant.
When do startups raise money?
How much money should a startup raise in their first funding round?
The amount of money a startup should raise in their first funding round depends on their needs and goals. They should raise enough money to reach their next major milestone, but not so much that they dilute their equity too much. It is commonly said that startups should aim to raise between $500,000 and $2 million in their first funding round.