Raising funds can take time, and it's essential to build relationships with potential investors rather than rushing the process.

Fundraising can be one of the hardest parts of starting a company, and while it may seem like an open market, it's often not rational or fair.

Founders often face challenges in fundraising despite having paying customers, as investors may not understand the product's value.

The old fundraising process could take months and cost between $25,000 to $100,000 in legal fees, making it inflexible and burdensome for startups.

In the early stages of fundraising, it's common for the entire team to focus on raising funds, which can slow down company operations, so it's important to balance fundraising with maintaining business growth.

Founders often need to build conviction in their own ideas before seeking validation from others, including investors.

In fundraising, start by pitching to someone you know won't invest; it helps you practice and get the jitters out before approaching serious investors.

Fundraising as a non-profit is challenging because you often need to approach many individuals to raise smaller amounts, unlike for-profits that can seek larger sums from fewer investors.

Raising the next round of funding is often harder than founders anticipate, especially in a changing economic environment.