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If they offered you 20,000 more than what you expected, might be you are underselling your actual worth and could have negotiated for more.
That or dumb money is just dumb, and if the cost of money is free, you can just guess at things that might work with thousands of monkeys hitting typewriters.
Or they knew they weren’t going to last more than 1 year, so why not spend all that tasty VC money?
Would be nice if true, but I guess those “extra” money would most commonly stay in tops’ pockets