How Much Should You Raise at Idea Stage?
Most founders either raise too little or too much. Here’s a simple mental model 👇
🔸 Don’t raise for 18 months
You’re not scaling - you’re validating
🔸 Don’t raise based on “runway”
Raise based on milesto
Hey, I am a CA inter aspirant working at a NBFC for a year now.
My question is should I continue in the NBFC as an accounting who's trying to raise private equity or switch and try to get into investment banking.
If you are starting out in a startup always try to target India 1 as it's very difficult to extract money from India 2 and India 3, wait until you become a seasoned entrepreneur.
Looking at our neighbours, Srilanka and Pakistan, situation very bad.
We might have gone to that situation if not for IT industry.
India prospered in last 20 years because of IT.
A Big salute to IT people and particularly to Narayana Murthy
Stop constantly looking for excuses.
Even a busy CEO manages to:
– Run a company
– Raise three kids
– Cheat on his wife
– Go to Coldplay concerts
And you’re still trying to come up with yet another excuse to do nothing.
(this post is