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VENTURE NAVIGATOR
INVESTOR | Start up ...ย โขย 4m
Why One Startup Got Funded & The Other Didnโt? ๐๐ฐ Recently, I validated two pitch decks. One secured funding, while the other is still seeking investors. The difference? Smart financial planning vs. unnecessary burn. โ Funded Startup: ๐น Allocated โน38,000 for office rent to accommodate their team of 12 ๐น Three highly skilled employees earning โน50,000 each ๐น Other staff earning โน10,000 and โน6,000 (interns) โ trained by skilled employees ๐น Clear & realistic financial projections โ Investment-Seeking Startup: ๐ธ Allocated โน1,20,000 for office rent (but working virtually ๐คฏ) ๐ธ Appointed HR Manager at โน70,000 (before even building a strong team) ๐ธ Planning to buy Sigma Premium for โน3L per month โ but if they hire top designers, shouldnโt they already have the software? ๐ค ๐ธ Paying โน30,000 for a creator, โน40,000 for a video editor, and โน50,000 for a cameraman โ yet no revenue model in sight! This is startup burning ๐ฅ โ spending without justification.
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