Avoid overwhelming founders with unsolicited advice unless you are investing, as it can be perceived as unhelpful and counterproductive.

It's unfair for junior investors to advise entrepreneurs without having earned the right through experience; true understanding comes from having built a large company and faced its challenges.

The hardest decision for entrepreneurs is figuring out whose advice to trust; it's crucial to seek advice from those who have relevant experience and have dealt with ambiguity.

When founders receive wrong advice, they create a flawed mental model of the startup world, making it harder for them to unlearn those misconceptions later.

Investors should be diligent in choosing whom to work with, as some well-known investors can be problematic and may not have the founders' best interests at heart.

Investors often don't know anything, and their feedback can be subjective; it's important to find the right investors who are open-minded.

As a founder, it's crucial to discern between good advice and myths perpetuated by the media, especially when you're new to the startup scene.

It's often better to have no advice than to receive bad advice, as the latter can lead to misguided expectations and disappointment.

Investors may have a superficial understanding of a startup's market, and their feedback should not be taken as definitive; founders are the true experts on their product and market.