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ANURAG

Revolutionizing and ... • 7m

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 • 7m

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 m

ANURAG

Revolutionizing and ... • 7m

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 Reply

Replies (1)

Hari kiran

Insight guru • 7m

Idea is not everything. There should be a pathway to business. It not the responsibility of aBC form or a PE investor to work on the idea. Founder should come with an idea, proof of model, plan of business and a strategy for scaling. It's not about the amount money VC firm is willing to part with, it's about the confidence with which they can give. Who else can create that confidence if not for the founder. Founder has the responsibility to convince, VCs have no obligation to provide. I hope you understand the difference

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