Surprisingly, it can sometimes be harder to raise $1 million than $100 million - the difficulty isn't necessarily correlated with the size of the raise
Eben specifically states: 'it's sometimes harder to raise a million dollars than a hundred million—it sounds crazy but it's true.' Larger raises attract institutional investors with established frameworks; smaller raises fall into a gap where the investment is too small for institutions but too complex for individuals.
Relevant Clips2
- Teaching
Small Raises Can Be Harder to Close Than Large Ones
Surprisingly, it can sometimes be harder to raise $1 million than $100 million. The difficulty isn't necessarily correlated with the size of the raise.
- Teaching
Raising 1 Million Can Be Harder Than 100 Million
Raising $1 million can sometimes be harder than raising $100 million due to investor expectations and deal complexity