And increasing the size of the initial funding has the side effect of keeping the captable clean and sidelining a lot of minor investors that would fill the gap between YC and an A-round, which not every YC company achieves by demo day.
> Can we kill the myth that your company is screwed if there are too many investors on your angel/seed round cap table? Having too many angel/seed investors on a cap table has never killed a single YC startup. For founders who are raising: if you can get the money you need and reduce dilution as much as possible - I don’t care if you collect 1 check or 20.