This new seed stage startup is offering me 30% less salary and ESOPโs worth 2x my annual comp saying that it will explode 10x in the next round? Sould I take it or pass?
When A VC firm is investing capital in your startup, how much money do they expect in return?
I was having a talk with a very senior VC recently, I asked him the same question. He gave me the following data:
Pre-seed/seed - 100x returns
Series A -
๐ Conversation between Vc and Startup Founder ๐
FOUNDER โ I have a SaaS startup idea that has the potential to become profitable within just a few months. All I need is seed funding to get the venture off the ground. I am confident in the succes
Sam Altman just dropped a blog post, Three Observations, and itโs a wake-up call for everyone.
AI isnโt just improvingโitโs accelerating at an insane speed.
Hereโs whatโs coming.
1. AI Will Be 10x Cheaper Every Year
Mooreโs Law? That was 2x every
Jeff Bezos on raising Amazonโs seed round: โIt was the hardest thing Iโve ever doneโ
In 1995, Jeff Bezos was on a mission to raise $1 million in seed funding for Amazon.
To do this, he sold 20% of the company at a $5 million valuation, offering $5
Top News of the Day:
1. AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030
2. Google is investing $1 billion in AI startup Anthropic, a major competitor of ChatGPT maker OpenAI, as per reports.
3. Wearable tech startu
๐ FAMOUS IIT BABA ๐๏ธ๐ฅ ( ABHAY SINGH )
๐ฐ Undergraduate Degree: Studied Aerospace Engineering at IIT Bombay
๐ฐ Master's Degree: Completed a Masterโs in Design
๐ฐ Work Experience: Worked in Canada with an annual salary of โน36 lakh and rejected ma
Top News of Today (7th Oct 2024):
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1. ChatGPT on WhatsApp gets major update: Image and voice inputs now supported
2. Paytm hit with second GST demand, total liability reaches Rs 8.66 Cr
3. Wingifyโs Paras Chopra eyes India's new tech subsidy to bootstrap new AI
