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Anonymous

Hey I am on Medial • 11m

Are you guys ready to to take loans for your startup idea with 2-3% intrest or you guy's are just want to burn invester money because you want to try entrepreneurship.

No ( why I put my money )

yes(ready to risk family)

Votes: 13

5 replies1 like

Replies (5)

Rajan Paswan

Honorary Mentions - ... • 11m

How taking loan is risking family? Loan will be under the name of startup right no personal loan?

1 replies

Sajin
•

Foundation • 11m

'Just want to burn'? Investors aren't dumb to fund burns for fun. For them it's the way they increase their networth . As entrepreneurs our responsibility is to do something and in return increase the value of the investors. Loans or debt financing are only good for businesses that are quickly profitable. If you want something big, underraising and debts maynot help you sustain. Equity financing is for long term growth. Imagine Zuck starting Facebook with a loan!! Damn!!

0 replies

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Your area of intrest where you want to work to make India better? Startups? Social startups? Healthcare? Anything.?

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Any Indian university degree except IIT and IIM is pretty useless outside India. So if you want to get into entrepreneurship or business, try to gain skills and knowledge and stop wasting your money on universities. Stop focusing on people who are bl

3 replies3 likes