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Post on Medial

Shouryjeet Gupta

Stealth • 3m

95% of seed stage companies make this mistake with their fundraising deck: They include a "Use of Funds" slide. Don't. We are not here to babysit how you spend every dollar. It will and should change. What you should realize is that every funding

Anonymous 1

Stealth • 3m

Omg, this is 100% correct. I recently came across a lot of pitches, which had this, that too pretty half baked.

1 replies3 likes

Replies (1)

Anonymous

Stealth • 3m

Yeah, like today only a guy was pitching me and his ask was 50 Cr. And when I asked him how you are gonna use this he said that I will use the money like this and this. And the distribution was like he was the only member of the team and he said that he will hire the team and professionals after raising the amount, he will buy the infrastructure and land, and the Initial revenue was zero. Like, I said bro you are raising this much and you don't have anything.

0 replies3 likes

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