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Santanu Das

Business to build a ...ย โ€ขย 5m

I do agree with you but if someone is having an idea in his/ her mind. In the seed phase there is no one who can invest at least 40 thousand when the person is assuring he can return it with 30% profit within 6 months.

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Hari kiran

Insight guruย โ€ขย 5m

Sorry if I sound rude but you should understand that there is a stark difference between CHARITY/GRANT/DEBT/INVESTING. For an investor, words and promises means nothing. In the pre-seed stage the capital requirement should be bourne by the founder themselves. Using loans from friends & family or well-wishers or banks or NBFCs / kick starter programmed should be used to create a working model of business or proof of concept . If you think imaginary equity and inflated interest would woo the investors, you are completely wrong. Investors love making money but they are not in dire need of that.And that's the same reason, why , even founders should be very picky about the investors. Saying yes to everyone who is ready to give money is the worst possible thing a founder can do to his start-up

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