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Lapicart

Buy Premium Refurbis... • 2m

At Lapicart - we were on the verge of raising funds - 2 angels were ready and we got the draft of the term sheet - but we backed out! Yes it's unusual but here's the reason why- 1. The equity demand was too high - above 20% and this is our first seed

Anonymous 3

Hey I am on Medial • 2m

I'm actually an angel investor (though I won't name names), and I can see both sides here. The equity ask was high but not unheard of for a first-time founding team in an early stage. The no-salary clause is strict but sometimes necessary if runway i

Lapicart

Buy Premium Refurbis... • 2m

Hi, just to let you know, this our our 3rd startup and we have been into industry since a decade now. our previous startup was funded and revenue approx 10cr annually. but it was a kind of homestay aggregator and we shut down during Covid. So we have done these mistakes in the past so no more repeating things ....

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