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ANURAG

Revolutionizing and ... • 1m

Why I am getting the sense that Indian based Accelerator /VCs are skeptical to idea and seed funding ,They are more comfortable towards startup who are already in traction and have generated revenue. What I understand is VC and accelerator or incuba

Anonymous 5

Hey I am on Medial • 1m

You have a completely backward understanding of what VCs and accelerators actually do. Their JOB is to be skeptical. If they funded every idea that came their way, they'd go bankrupt. Early-stage investing isn't about "nurturing ideas" - it's about making calculated bets on teams and markets. And yes, traction reduces risk. Why is that surprising? I've worked at two VC firms, and the harsh reality is that 95% of idea-stage startups fail regardless of funding. The slow response times are because you're not a priority - harsh but true.

1 replies2 likes

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ANURAG

Revolutionizing and ... • 1m

as you mentioned you worked with VCs and Accelerator that is the reason of this statement and the end of line that you are not a priority states how money minded Indian So called VCs are and that is the reason why some of great ideas are pitching infront of foreign VCs

1 replies

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