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Priyank
•

Money • 22d

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

Samanth Shetty

Building Nestsure • 22d

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 • 22d

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

Samanth Shetty

Building Nestsure • 22d

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

Priyank
•

Money • 22d

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,

Samanth Shetty

Building Nestsure • 22d

You asked me before validation Brother, Let's take a Zepto as a main key example for it now, what would you say for Zepto ? no traction, no customer validation, no product ready before VC investment ? Now ? You asked me funded before validation, CR

Priyank
•

Money • 22d

Again, incorrect facts. Pls check. Fampay was part of the YC Accelerator batch. Similar issues with other claims you have made 😅

1 Reply

Replies (1)

Samanth Shetty

Building Nestsure • 22d

Nah, Fampay was invested by YC as an VC Not as an accelerator. You can check and lemme know the source. What similar issues with other claims ? ZEPTO was funded after customer validation ? Bro they didn't even launch their product until seed funding and their pre-seed was at 600-700k something. Lemme know your source. Check the Fampay source below.

2 Replies

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