> For the complete documentation index, see [llms.txt](https://i.janardhanpulivarthi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://i.janardhanpulivarthi.com/season-1/mistakes-founders-do.md).

# Mistakes founders do

* Don't raise money unless you want it and it wants you.
* Be in fundraising mode or not
* Get introductions to investors
* Hear no till you hear yes
* Do breadth-first search weighted by expected value
* know where you stand
* Get the first commitment
* Have multiple plans
* Underestimate how much you want
* Be profitable if you can
* Don't optimize for valuation. The real test is revenue
* Accept offers greedily
* Have one person handle fundraising