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Which VCs to avoid

Which Indian VC investor is a no-go and why? Share in person’s name - fund - reason(s) format if possible

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parrotAI

Stealth

2 years ago

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jeebra

Founder

2 years ago

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DrProduct

Amazon

2 years ago

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jeebra

Founder

2 years ago

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DrProduct

Amazon

2 years ago

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incognito

Stealth

2 years ago

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jeebra

Founder

2 years ago

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RichFlavor27

Dunzo

2 years ago

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Kent

Cred

2 years ago

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Buz

Stealth

2 years ago

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CaringDock77

Student

2 years ago

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Indian Startups on

by LooseGoose

Stealth

Defamation notice threat: Pitching in India

Second meeting with the guy, thought his outlook might improve because we had better numbers than the first meeting (few months ago). Didn't even remember the first conversation, or our business, didn't do any research on our startup or industry before the meeting. Kept forcing opinions on me instead of listening, same as the first meeting. Extremely rude and a waste of time. He said many things no founder should say, that too for another founder. (Pitching is difficult as is, rejection is common and it's very easy to get demotivated) When I said I'll share my experience with other founders and startups so they don't engage with that platform, got a reply saying they'll send me a defamation notice if I do, and will also tell other investors in the community that we are doing this startup as a "hobby" and no investor will come onboard. It's amazing to see the kind of arrogance some people have, especially in the investor and VC network. Would have loved to name and shame him but I have better things to do than to get into petty court cases with assholes. Fellow founders, please be very careful and choosy with who you talk to about your startup's fundraise. Indian VC ecosystem is mostly a circlejerk and a shitshow. You're better off raising from friends and family and even individual angel investors than trying to bargain with devils in disguise. I will most likely stop pitching for investment altogether and focus on growing my profitability than waste time convincing idiots who'd rather throw money on pitch decks without an MVP and startups without PMF, revenue or profitability. /endrant