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Akash Koli

Experienced Financia... • 1y

Dekh bhai shark tank me jo dikhaya jata ho part of pitching rahati hain to investor rahati hain, and jab bhi funding ki jati hain tab Letter of Intent [LoI] diya jata jisme clearly likha rahat hain ki hum funding provide Kar rahe but ye letter tab hi di jati jab company ka thorough due diligence ki ho and us due diligence me company ka actual performance and projected performance check Kiya jata and other legal paper, so there is lengthy process of funding, jo shark tank me dikhaya jata ho to bas total funding process ka 3-5% hi hota hain 😄

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