This study examines the influence of entrepreneurial orientation (EO) on the amount of capital raised by a firm at the time of its initial public offering (IPO). We draw on signaling theory to develop insights concerning the influence of EO upon IPO firm valuation. Research exploring EO generally suggests a positive effect of the strategic orientation on firm performance (Rauch et al., 2009). Nonetheless, key knowledge voids remain concerning the influence of EO on organizational functioning and outcomes, particularly concerning EO’s potential influence upon firm resource access. Firm resource levels are of particular concern given that EO has been theorized to represent a resource intensive strategic posture (Covin & Slevin, 1991). In exploring this area, it is theorized that the manifestation of EO directly affects firm resource levels post-IPO by influencing investor perceptions of the company’s prospects. The present study provides insight into two timely research questions: Does EO influence IPO firm market valuation? In other words, is the amount of capital raised by a firm through IPO influenced by its level of EO at the time of IPO? Moreover, can organizations manage the size of the check they receive at the time of IPO by either limiting or expanding the scope of their external executive board commitments?