Investors often chase opportunities in startups, hoping to profit from future growth, which can lead to inflated valuations that may not be sustainable.

Investors treating startup investments like stock investments led to unrealistic expectations, as they applied public market valuation metrics to early-stage companies, which have much higher failure rates.

Investing in startups is high-risk, and potential investors should be prepared for both significant upside and possible losses.

Most startups are undercharging, and relying solely on lower prices as a differentiator is not a sustainable strategy.

Investing in startups should not just be about making a difference; you should also consider the potential for returns on your investment.

Valuation refers to the estimated worth of a startup based on the last investment round, but it doesn't guarantee a liquid market like in public companies, making it more of a measure of perceived value.

Investing in startups is like baseball; most of the time, you're going to strike out, so it's important to remain calm and not over-intellectualize decisions.

It's a mistake to sacrifice your life for a startup you don't care about in pursuit of an external success that may never come.

Investing out of pity for founders rarely yields returns; focus on strong, capable founders instead.