Shweta Saxena is the Co-Founder & CEO at Exploringstartups.com. Exploring Startups is a knowledge-sharing platform for startup enthusiasts to network, discuss and get your queries answered by the like-minded community members. A researcher and consultant by nature and profession she enjoys classical dance and music in her free time.
If you have an experienced team with a good track record, then you may need a lesser amount to reach the same point in same time than the naive founders. Hence, it automatically increases the valuation of your startup as investors would be willing to invest for a lesser percentage of equity.