Hard Agree, major of the Indian startups are doing this only.
No profits, no sustainable business model.
Exit either via another vc round or IPO.
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Bootstrapping: building a business with minimal external funding, relying on personal savings and revenue generation.
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Venture
When A VC firm is investing capital in your startup, how much money do they expect in return?
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Pre-seed/seed - 100x returns
Series A -