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Post on Medial

Rajan Paswan

Stealth • 5m

What do startup founders typically do with the funding they receive, and how do they allocate these funds to support the growth and development of their companies?

Anonymous 1

Stealth • 5m

Allocation, don’t think think about it, it’s upto you or them. But they Keep the money in a current account, if that’s what you were asking. Transfer required funds, periodically when needed.

Rajan Paswan

Stealth • 5m

Thanks for sharing. Yeah it's their discussion but I wished to know where they have allocated there funds so far or what they generally do with funds. I somewhere heard once that founders after receiving funds do first things is Hiring.

Anonymous 1

Stealth • 5m

Yeah, I know a friend who got it, he hired, Spending some in Development of product, obv increase salaries 😂

Rajan Paswan

Stealth • 5m

No wonder I got tip to apply for the jobs in startups who have recieved funding recently 👀

0 replies1 like

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