Perhaps, but from a particular type of investor. Startups asking for less money are more likely to raise money from a subprime investor, from a firm seeking to protect downside more than to chase the upside of unprecedented foresight ready to break the norm.
You may have noticed how the thesis of venture capital arbitrage has changed from defending a capital efficiency strategy that got them in hot water of mediocre LP performance to now raising mega-funds to try and prove the opposite.
Neither will work if the proper alignment of foresight calibrated to evolutionary relevance is not deployed, for mere money does not equal evolutionary merit that improves and impresses society post IPO.
