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A startup’s financial model is simple:
Pre-seed = hope.
Seed = still hoping.
Series A = hope with a pitch deck.
Series B = hope with revenue.
Series C = hope we IPO before running out of hope.
Indian Defence Ecosystem in Nutshell:
No Money for R&D -> killing indigenous efforts -> 100x Delay -> Panic Buying -> expensive Import -> No money for R&D
