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# The pre-seed round I regret
- URL: https://weiter-money.nichedthemes.com/pre-seed-round-i-regret/
- Published: 2026-10-06T07:00:00.000Z
- Updated: 2026-10-06T07:00:00.000Z
- Description: I invested in a round that was too big. Here is what it did to a good company.
- Author: Elias Brandt
- Tags: The words, Rounds, #memo, #Import 2026-11-11 10:07

**In short.** Too much money early sets a price the company has to beat. The second round got harder, not easier.

In 2019 I joined a round of €3 million for a company with no revenue. I was flattered to be invited. That was the problem.

The valuation set a bar the next round had to clear. Eighteen months later the company was better and the round was harder. They raised flat, and two people left.