🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Priyank

 • 

Money • 2m

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

See More

Samanth Shetty

Building Nestsure • 2m

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 • 2m

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

See More

Samanth Shetty

Building Nestsure • 2m

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

See More

Priyank

 • 

Money • 2m

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,

See More

Samanth Shetty

Building Nestsure • 2m

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

See More

Priyank

 • 

Money • 2m

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 • 2m

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

See More

Priyank

 • 

Money • 2m

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👽

Reply
1

More like this

Recommendations from Medial

Image Description
Image Description

Arijit Ray

 • 

Twilio • 1y

I found one of the best articles on OAuth for beginners!! I remember when I first tried to learn about OAuth, most of the articles were filled with jargons and lacked relatable examples. This Friday, while scrolling through HackerNews, I came across

See More
2 Replies
2
6
Image Description
Image Description

Binit shrestha

Believe in yourself • 1y

Paul Graham, cofounder of Y Combinator, clarified that Sam Altman was not fired from his role as president of Y Combinator in 2019. Altman chose to leave to fully commit to his position as CEO of OpenAI after OpenAI announced a shift to a "capped-pro

See More
7 Replies
1
5

Comet

#freelancer • 1y

Hey Everyone I'm super excited to let you know that I can help you give your landing page a super cool makeover, and guess what? It won't cost you a single penny! As a entry level product designer, I absolutely love redesigning pages just for fun.

See More
Reply
6

Manit

Young mind. Bold cod... • 3m

I want to share my side-project. I'm currently exploring, and I'm very curious about technology, especially old tech and the future of new tech. It's my summer vacation, and I want to deep dive into low-level programming. I know C and C++, and I'm tr

See More
Reply
2
Image Description

Rohit Sharma

AI Automation Enthus... • 8m

Check out https://lnkd.in/ga8TjE6V – a Instagram profile with 49k followers built primarily on consistent quote posts. Imagine achieving that kind of consistency without the daily effort. Introducing Instagram Automation that actually works! 🚀 This

See More
2 Replies
1
2
Image Description
Image Description

Bodhidipta Sinha Roy

Passionate storytell... • 7m

POV: You're in Bangalore trying to learn how to drive Instructor at Lane: "Left mein auto, right mein cow, straight mein pothole - perfect scenario to master multi-tasking!" Seriously though, these legends at Lane are turning Bangalore's traffic cha

See More
2 Replies
5

tradearo india

Hey I am on Medial • 1y

Even though I publicly wrote The reason I'm mentioning this now is because I recently saw news that the valuation of Byju's has been completely written off by major investors like BlackRock and Prosus. Prosus had invested half a billion dollars. Th

See More
Reply
4
Image Description
Image Description

Nishant singh

Software Developer • 8m

Tired of Messy Expense Tracking? Here's How I Simplified It with WhatsApp and AI A few weeks ago, I was drowning in receipts—travel expenses, client dinners, subscriptions. My inbox was cluttered with blurry photos, and reconciling expenses felt lik

See More
5 Replies
2
11
Image Description
Image Description

LIKHITH

 • 

Medial • 3m

INDIA'S NEW E-PASSPORT Yes, Starting today India has started the issue of this and It's huge advancement. Here's why ⏬️ The Tech behind this 🔥 1. Embedded Antenna & RFID chip: This has Radio frequency identification and Antenna chip which will st

See More
8 Replies
1
23

Pratham Shankwalker

Co-Founder @Frover |... • 4m

"AI is only as powerful as the systems we plug it into. You can't slap automation onto chaos and expect magic." This quote from a recent podcast hit me like a ton of bricks. As someone deeply immersed in the AI revolution, I've seen firsthand how

See More
Reply
7

Download the medial app to read full posts, comements and news.