Buy Premium Refurbis...ย โขย 3m
We denied our first equity funding proposal! Yes, you heard me right. We were in talks with an early stage investor firm. Yesterday we took a final call and denied the funding proposal. Money was ready to hit our bank account in a month but still we said NO. But why - 1. The investment amount being proposed was almost 50% less than our requirement. 2. The Equity demand was almost 65% above what we can give. This was a decision we had to take because we work almost 15 to 16 hrs a day handling sales to tech to finance to logistics to after sales and everything at Lapicart . But still if our decades experience, our revenue generating with profits capacity and our customer centric focus is devalued, it's a red flag!! This might be tough especially for first time founders but its important to understand the value of your efforts and your limitations. Don't raise just for a PR stunt - raise for a purpose or leave.. Share your thoughts please. #startups #funding #equity #founders
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BluSmartย โขย 1y
How hard is it to raise capital in this market? Should I even try? I am building a SaaS product and we have our MVP ready, I was wondering if I should start approaching micro-funds/VCs to raise some capital maybe 1-4 cr to advance our product and ge
See MoreBuy Premium Refurbis...ย โขย 6m
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
See MoreI'm availableย โขย 9d
We are a B2G trading firm supplying products and services to government institutions through the GEM portal. Since our model requires upfront capital for procurement before payment release, what would be the best ways to raise fundingโshould we appro
See MoreEntrepreneur || Star...ย โขย 1y
Hey we have started a started a startup called Learnhyve.This is edtech(not traditional) startup. So we need a female communication specialist in our founding team.This will not salary based offer until funding..We will give equity(ESOP) Qualities we
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