It's crucial to raise more money than you think you need to reach a significant milestone, as raising too much can lead to inefficiency and a lack of sharpness in operations.

You should always assume that you will never raise more money and aim to achieve profitability with the funds you currently have.

When raising money, assume it might be the last time you'll be able to do so; raise enough to reach profitability without needing more funds soon.

When raising money, it's crucial to focus on making whatever you raise last, rather than just aiming for a specific runway duration.

Remember your purpose for raising money: to manifest your dream, and set realistic expectations based on past experiences shared by others.

It's important to maintain frugality and avoid the unconscious pressure to overspend after raising funds, as this can lead to a bloated company structure and increased financial demands. To successfully scale a startup, you need to raise money while maintaining discipline, scrappiness, and frugality.

There's a misconception that startups should avoid raising too much money; instead, I believe founders should raise as much as they can but be smart about spending it.

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.

If you don't deserve money right now, consider alternative paths like cutting burn and striving for break-even, which can create leverage for future funding.