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Post on Medial

Rahul Naik

Stealth • 7m

Just a random thought....what happen when a startup failes badly

Saksham

Stealth • 7m

People talk for a week, founders build another business. A businessman/entrepreneur never stops!

Rahul Naik

Stealth • 7m

What if they doesn't have any finance to run/start another startup and also theirs no angel investor wants to help them due to lack of knowledge and management

1 replies

Replies (1)

Saksham

Stealth • 7m

From my experience, if one has been bad with finances in the previous business, it will be really hard for the founder to get get new fundings. We can see the same with Byjus. But yet there's bank loan to tak, and learning from the previous failure. I worked with one of such foundersm and we recently helped him close a Series B round. Following is what he did: 1. Analysed the failed business 2. Took a loan because of the lack of trust by the investors 3. Built a better team than before and started the business in the same field to put in his expertise

0 replies1 like

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