Analysis of 166 tech IPOs from 2010 to 2019: the 30 most valuable startups raised half as much capital and produced nearly 4X the value as the 30 most funded (Founder Collective)

Founder Collective:
Analysis of 166 tech IPOs from 2010 to 2019: the 30 most valuable startups raised half as much capital and produced nearly 4X the value as the 30 most funded  —  Does raising a large amount of capital make a startup more likely to succeed?  Is capital a weapon?  Do startup founders need to “go big or go home?”