We know it is easy to be the smart guy in the room and say "I will take US$500,000 in smart money." But are we really that smart? Or should we just take US$5 million in dumb money -- say, for argument's sake, raised through crowdfunding? That is 10 times the amount! I ask this because a startup founder in Southeast Asia asked me this question privately. Honestly, I have no clue how best to advise him on this.
[Discussion] Would you take US$250K in smart funding vs US$5M in dumb funding?
Here's a question for the community: More money, or better value?