Yes, I think the "it's important to have a lead that'll help get the Series A done" advice got overshadowed by the "angel-backed companies don't raise enough cash" comment.
Having a strong lead in my own (priced) seed round proved very, very, very helpful later on - but I still wasn't able to raise much more than $500K on the first go-round.
Having a strong lead in my own (priced) seed round proved very, very, very helpful later on - but I still wasn't able to raise much more than $500K on the first go-round.