Primary shares dilute ownership as new shares are issued, while secondary shares don’t, as they transfer existing shares between investors.

When you are starting your startup, raising venture capital from your acquaintances (called an F&F round) is the best and easiest approach.

Founders should try to raise money for 18 months. The goal of pre-seed/seed capital is to launch an MVP and acquire a few paying customers.

A syndicate is a collection of angel investors who invest together in early-stage startups.

Raising seed investment is difficult. Luck plays a big part and you need patience and persistence to achieve it.

An investor deck is the marketing document of your startup. Invest time in building a deck if you want to raise capital.

Most startups hire a banker for Series C onwards because raising so much capital is a lot of work.

Paul Graham, the founder of Y Combinator, says ideas don't have any inherent value. If you think otherwise, try selling them.