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An interesting trend from recent YC companies has us wondering if founders are changing how they fundraise.

Are smaller raises (for higher valuations) the new norm?  What are the positives and negatives of this strategy for founders.

How should investors think about this development?

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If you've got a comment or question for the show, you can e-mail us at [email protected].  You can find Paul and Ed  online @paulsingh and @pizzainmotion.