Interesting quote in the article: <i>“I’ve never seen a company go out of business from dilution, but I have seen companies go out of business because they didn’t raise enough money,” he said.</i><p>I&#x27;ve seen companies go out of business because they raised too much money. In those cases the extra money dulled their cost controls and made a subsequent raise &quot;too rich&quot; and nobody who was already invested would take the down round hit. Result everyone lost.