Valuations and fundraising
I was talking to a buddy of mine that's been through a few rounds at a few startups.  One interesting point he raised is that investors want to own 25-30% of a company after they've invested.  In his opinion, this was a hard lower limit.<p>What this means is that raising $250k implies a $1M valuation.<p>And that if you really do think you're worth $4m, you should raise $2m for a post-money $6m.<p>Have others found this to be the case?