OpenAI’s recent $6.6 billion funding round highlights the strength of venture capital, yet many founders feel disconnected from such mega-round dynamics. While capital influx has surged, there’s a conflict: founders raising excessive funds may struggle with low returns. Despite a booming seed-stage environment, the probability of exiting as a “unicorn” remains low. Investors prioritize high-growth potential, often neglecting solid but smaller exits. New technologies, particularly AI, are reshaping venture capital, leading savvy founders to seek smaller funds that align with their capital efficiency goals. Ultimately, a clear vision on capital trajectory and ownership is crucial for success in this evolving landscape.