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Harsh Dwivedi

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Medial • 2h

No product, no problem!! VC's are still funding pre-product companies. 👇 Koo's founder Mayank Bidawatka raises $4M in seed from Blume, General Catalyst and Athera even before beta launch. This comes after 2 months of Pre-seed and announcement o Billion Hearts. Beta launch will happen soon. Its a product as the name suggests meant for Billions of Users. So, a Consumer Internet app for sure. They have also kept a staggering 25% ESOP pool for their employees. Vernacular microblogging platform Koo shut down its operations in July this year amid no traction and follow-up investment. The company was also looking for a merger and acquisition deal but failed to find a buyer.

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