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Priyank
•

Money • 1m

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 • 1m

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 • 1m

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 • 1m

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 • 1m

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 • 1m

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 • 1m

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

Samanth Shetty

Building Nestsure • 1m

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

Replies (2)

Priyank
•

Money • 1m

Thanks for sharing that. It helps. The article is of later date though. Here's an earlier Fampay article of them getting into YC. Similar issues with other claims you have made. But i'll leave this thread here👽

https://entrackr.com/2019/09/fampay-funding-sequoia-neeraj-arora/

Samanth Shetty

Building Nestsure • 1m

I would leave the thread long back lol, but show the relevant proof and you believe the company's data from other sources rather than believing it from their own source ? lol 😂 If I was wrong i would accept it long back. I have seen all the articles and later explained all this. Show me the proof of other claims which aren't proper

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Swapnil gupta

Founder startupsunio... • 1m

✅Types of startup Funding Pre-Seed, Seed Funding Series A- Series B- Series C- Series D & beyond - Mezzanine & Bridge Financing- IPO 📌 Want to know about them in detail, visit source in comments #startup #funding #types

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Harsh Dwivedi Niket Raj Dwivedi One small correction. I'm unable to verify my University mail as the domain of my mail is not @vu.lt it is @sa.stud.vu.lt so requesting you to check that once and lemme know 😁

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Anonymous

Hey I am on Medial • 1y

When will India have places like Bryant Park? (Don't know Bryant Park? check their Instagram)

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punna bhagath

MERN STACK • 1y

Got to know that wipro is hiring 12000 fresher. Check out their career webpage. Apply now!

VCGuy

Believe me, it’s not... • 3m

Accel in India has come a long way. Entered 2008→ acq. Erasmic Venture Fund —transforming EVF’s $10 M seed fund into 'Accel Venture Fund I'. Fund II closed in 08' with $60 M. Fast forward to today, the latest fund has 10x’ed, closed at a $650 M co

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