🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

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Hawk
•

Medial • 1m

Debt isn’t bad; mismanaged debt is. A well-used credit card can build your wealth. Pay on time, enjoy rewards, and watch your credit soar. - Hawk.

Piyush Lohia

Early Stage VC • 1m

Same applies to startup funding as well. As a VC, I’ve run into a lot of cases where it’s perfectly viable for a startup to leverage debt instead of selling equity. This is especially true in manufacturing based startups. However, there’s also a dearth of venture debt funds in India. Hope that improves.

2 replies1 like

Replies (2)

Piyush Lohia

Early Stage VC • 1m

On a side note, I used to fly between the US and India for free during college years by maximizing my rewards on Amex. So i recommend every financially responsible person to utlize credit cards too otherwise you’re just paying for someone else’s reward points.

0 replies

Hawk
•

Medial • 1m

Absolutely true

0 replies

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Have you read the book "Rich Dad, Poor Dad" written by "Robert Kiyosaki" . he is a genius. He admitted to having more than $1.2 billion in debt 🤯. you might have watched his yt Shorts claiming that. He views this debt as a strategic move and a par