Now that you know about when to raise and how much to raise, the next natural question is how much stakes should you dilute or retain for that matter. Your intuitive mind might say that this is an outcome of how much you are raising and your valuation, but the truth is that more often than not it is the other way round - valuation is the outcome of how much you raise and how much you dilute. Therefore, it is imperative for founders to decide how much stakes they must retain a