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Bulking up on venture capital doesn’t always result in a happy payday down the line. It can actually lead to a less valuable exit, a new study from the research group Exitround finds.

Lots of startups talk about staying “lean and mean” capital-wise during scale-up, but the temptation to take on new investment can be tough to resist given the growing number of seed investors.

 

To read the original article: More venture funding doesn't always lead to richer paydays (study) | VentureBeat | Deals | by Mark Sullivan