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I don't understand the concept of raising funds..it is one of the biggest scams..If your startup is profitable then You can just compound it in no time And if its not profitable then there is no point running it...no need for any Tom dick and Harry t

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Arslan

Business owner | Bus... • 14d

i slightly disagree on this.. example 1: I am profitable making oil my capacity of the factory is 100 ltr per day, selling it to local market. If I want to grow..i need to increase my factory capacity to lets say 1000 ltrs per day.. i can either wait for 3 years to make that amount in profit or i can raise funds now and grow from tomorrow. example 2 I am a profitable startup of xyz product. outsourcing the product to zzz company they are charging 20% of COGS. I raise fund, setup my own company and reduce the COGS by 20% it's not always that some tom dick n harry will order you. if u r profitable they will more or less add value rather thn command u.

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