Investors are your partners. If you can't investors with whom you are not comfortable working, don't take their money.

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.

Liquidation preferences help investors get their investment back when the startup is acquired or liquidated at a lower valuation.

The power law dictates that a lion's share of VC returns comes from a small number of deals while most investments fail to return capital.

When a startup becomes big, its early investors sell their shares to bigger VCs at a profit. This is called a liquidity event.

Carry, short for Carried Interest, is the share in profit that a fund manager (GP) gets when they investment does well.

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

Startup investing has become mainstream in India. More Indians will invest in early-stage startups once the ecosystem further matures.

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