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The next billionaire
Stealth • 28d
My Experience with VCs of India as a deep-tech founder. Day 2: Antler India and All in Capital Thank you for the response on my previous post, following that today I'll be covering 2 other VCs we talked to. 1. All in Capital: They started very recently and we reached out to them very early, because it was a small team we reached out to the founder directly, their proposition was they put funds in all sectors and are "All In" the startup once they have invested. We reached out on Linkedin, he asked us to share the deck and after a week or so we were rejected and they did state the reason, so not much of a hassle, especially when the VCs don't even have the courtesy to reply back or give reason. 2. Antler India: This is another Horror story! Antler is a big global VC firm and had entered India back then, they opened up applications for funding startups in all sectors (They all mention they fund all sectors but they don't), the first part was to submit a form with basic details, once that was approved, we were then asked to record a video pitch in a specific format to be submitted (This is as stupid as it gets) it had a limit on timing file size etc. Once we were selected, finally we had a call with one of the Associates of the Indian team, and as expected the authoritative nature came out, he asked a few questions about the tech and the startup here and there, but then started asking questions like "**Why should we fund you**", "**what is it in for me in the long term?"** and **we have so many other startups that we can fund, but why should we consider you?** all this sounding very similar to a typical corporate boss taking a new candidates interview. I do not have a problem with getting rejected, and all the VCs have right to take the decision on which startup they wanna fund, but they have to stop this attitude on how they treat startups and founders. Ironically, they funded a Web3 startup in the same cohort, because Web3 was big in 2021-22, and now that startup has gone back to making websites. LOL Thanks!
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