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Priyank

 • 

Money • 21d

Unpopular Opinion: If you have zero traction, don’t pitch VCs yet. You know what I see too often? Founders sending decks before they’ve even tested the idea. Here’s the blunt truth: 💡 VCs don’t fund ideas. They fund signals. And “signal” doesn’t

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Samanth Shetty

Building Nestsure • 21d

There are VC's specially for pre-seed too. But just less in India. The paragraph is 50-50 correct. There are many pre-seed or seed round happens in India recently oben got seed funded.

Priyank

 • 

Money • 21d

Thanks for your response man! If you read, what I am saying is VC need to see traction in the idea - not just the idea. Its true even in the pre-seed stage. If will be great of you can give me one such example in India where VCs funded an idea even b

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Samanth Shetty

Building Nestsure • 21d

One of the best example is CRED & DUNZO. 1.Dunzo was funded in 2015 with a idea by blume venture I guess later google backed them. 2.Cred was funded in complete idea stage even pre-product stage idk investors but yea it was funded before even the pro

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Priyank

 • 

Money • 21d

Dunzo had a whatsapp community where the founder himself was serving customers. This was before he raised funds. CRED again was bootstrapped by Kunal Shah and his family who was a second time founder. Similarly for all other examples you gave. Also, Y Combinator invested as an Accelerator not as a VC. My post talks about VCs😊

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