During this week’s roundtable, we had two founders pitch their ideas. Remember, not all business ideas are viable. And the vast majority of business ideas are not fundable. Farmience First we had Tejas M K from Chennai, India, pitch Farmience I advised him to narrow down his target market and validate unit economics. There’s a
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had our first ever entrepreneur pitch from the tiny Indian state of Manipur, tucked away in the fast Eastern corner, by the Myanmar border. In a discussion at the end of the session, we learned that the state has about 90 startups, and a WhatsApp group has about 180 entrepreneurs
2. What happens if my goals change (e.g., from bootstrapping to raising funds, or vice versa)—can the support be adapted midstream?
VCs are salivating over ultralight startups right now. The stigma around solo entrepreneurs will vanish soon. Positioning will remain key to achieving Velocity. And Velocity will continue to drive Fundability. Are you trying to raise money for your startup and getting rejections? It’s worth understanding WHY. VCs are looking for Velocity. Their goal is to
As you know, I categorically support bootstrapped entrepreneurs. There are numerous startups now that have achieved some revenue without any external funding. However, it has taken time. Sometimes, it has taken 5-7 years to get there. VCs, however, are looking for velocity. Their goal is to achieve $100M in 5-7 years.
Is there a race bias in Silicon Valley? You can subscribe to the YouTube Channel here.
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