A lot of discussion around dilution ignores the important aspect of the number of founders.
If you are a single founder, you might want to raise more money to hire a larger team and you would be fine with greater dilution since you own a bigger chunk to begin with. You are still going to own a meaningful stake even after the extra dilution.
If you are a team with 4 founders you need to be extra careful with dilution.
I find it strange that the standard advice on dilution often ignores this important aspect.
If you are a single founder, you might want to raise more money to hire a larger team and you would be fine with greater dilution since you own a bigger chunk to begin with. You are still going to own a meaningful stake even after the extra dilution.
If you are a team with 4 founders you need to be extra careful with dilution.
I find it strange that the standard advice on dilution often ignores this important aspect.