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Hari kiran
Insight guru • 6m
Why is everyone ready to part with their imaginary equity during the ideation phase?? It's too obvious an answer, because it's just an idea. I still see people who have good ideas , brilliant ideas , pathetic ideas and unreasonable ideas, yet all those are just ideas inside a mind. Not a business. Although , I said this repeatedly a thousand times on this platform , I wouldn't be shy again to repeat it one more time "NO INVESTOR WOULD BE EAGER TO INVEST IN WHAT'S IN THE MIND". Also, when a founder knows what he's doing , what his business is capable of , he would prefer taking a loan rather than part with his equity. It's an open secret that "COMPARED TO ANY LOANS AT ANY KIND OF INTEREST, EQUITY IS THE COSTLIEST FOR A COMPANY" . If somebody is still struggling to understand this statement , probably they should learn more about entrepreneurship, how where and whats of capital movement before jumping the guns... Aspiration is good , but , only when it's backed by appropriate and right knowledge.
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