Overheard at Silicon Valley networking event...

Founder to VC partner they just met: "We're raising a seed round of 1.5m to build Y"

VC to Founder: "That's too small. You should be raising 3m+. We don't want you to underestimate what it takes to win and wasting time having to go fundraise again too soon"

Can you imagine if your tech/VC ecosystem thought the same way?

This is why Silicon Valley wins.

Can it create an overinflated bubble powered by FOMO? Yes.

Does it also create the most valuable and impactful companies in the world (and massive returns for the top funds). Also yes.

As a VC and/or Founder, do you know what game you're playing?

It's a big boy (or girl) game of power laws and the first to network effects wins.

Raise and fund properly. Win. Or lose. But take your shot.