Investors will become more conservative and seek better deals for themselves. I don't think it's anything to do with Facebook. Facebook might just be the excuse they're looking for.
My unsolicited advice to all startups is to put your energy into the things which matter. Debating 3-6% more/less dilution with investors is not a good place to be investing your time and energy.
I suspect the companies who go into this bubble focusing on convertible notes and caps will be the companies who suffer most.
Negotiating with investors is somewhat like negotiating your salary after a job offer. The per hour ROI can be insane, but you need alternatives before you have real leverage and you want some deal to go though even if it's not with them.
My unsolicited advice to all startups is to put your energy into the things which matter. Debating 3-6% more/less dilution with investors is not a good place to be investing your time and energy.
I suspect the companies who go into this bubble focusing on convertible notes and caps will be the companies who suffer most.