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Saksham

Legal Advisor! • 1y

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

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