You should care just as much about the terms of your fundraise as you do about the valuation and the amount of money you raise.

Investors know that founders want high valuations and often leverage this by offering a desired valuation while asking for unfavorable terms.

Valuation, which is the value of your enterprise, and dilution, which refers to how much of your company you have sold, are critical concepts in fundraising.

It's really bad to go into a meeting with an investor and not understand the specific terms being negotiated.

The only key term to negotiate in a SAFE is the valuation, which affects how it converts and the dilution involved.

Choose your valuation carefully; too high can scare off investors, while too low can lead to excessive dilution. The goal is to get the money in the bank and get back to work. Don't over-optimize your fundraising process; focus on the essentials instead.

Raising money from top-tier VCs, even at slightly worse terms, is beneficial due to the signaling effect it has on other investors.

Just because a smart investor has invested in your company doesn't mean it's doing well; fundraising rounds can happen even for struggling companies.

It's important to understand the implications of raising a large round, such as giving up control and how it affects future fundraising and equity distribution.