It's a moral duty to return unused capital.
No need to create emotional drama out of it.
You had raised money, you didn't succeed, you returned money. Simple.
With god's grace, raised 3 lakh from friend. Money deposited, he is added as a shareholder as well.
Can this be considered as an Angel Investment from VC perspective ? Will it help me in raising further capital ?
VCs here and people who have raised
Some 4-5 before Blue Learn shutdown
And returned 70%money back to invester as said by founders , how thatās possible I am not saying itās impossible but some of my friends who raised funds distributed the money to its various section in no time an
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5 replies11 likes
Phanirockzzz
StealthĀ ā¢Ā 4m
I admire the guts of bluelearn founders. This is not even their early stage. They started this from their college days itself from an telegram account. They made an app, business and raised money.
After all these they thoroughly thought of the mone
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1 replies5 likes
Inactive
StealthĀ ā¢Ā 6m
Pitchbook just shared the list of top startup cities!
āŖ San Francisco: Raised $427.6B in startup capital, home to 11,812 startups, 20% of US startups š
āŖ New York City: Raised $179.9B, with 6,951 startups and 130 unicorns š½
āŖ Beijing: Raised $1
You know Zepto raised $1Billion Dollars
You know KreditBee raised $32Millions
You know Fresh Bus raised $5Millions
You know Ather Energy raised 71Millions
You know Astrotalk raised $20Millions
& Many more....
But you don't know: Recently(2024)
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6 replies3 likes
Paras Agrawal
StealthĀ ā¢Ā 6m
I am second time founder who has raised funds thrice now, We are starting a healthcare startup
Already Raised pre-seed round from a top surgeon in Chhattisgarh
Looking for a CTO To join our founding team
Thanks