My friend is raising funds for his fintech startup.
He pitched his product to an angel investor, but now the investor is no longer interested in investing.
After the call when they were chatting, the investor asked my friend to pay for the $10 sandwich and coffee he ordered during the pitch.
Like, seriously? The investor can't even cover his own food?
Tiger, Elevation and Matrix backed fintech startup has started layoff. CTO has left and they have started firing in business roles with the largest cuts in tech.
It only raised funds and became a product because the founders were in matrix partners. Never would’ve been funded ot...
Heard from ppl that he doesn’t give time to his investee companies & he charges a success fees for being on the cap table. He’s also known for low balling founders on the valuations , any experience?
Best part of this shitshow is when ...
The founder had reached out to me sometime back requesting to put some amount in his startup, his product looks interesting but I never really liked his behaviour and chose to pass on this investment and I can now say that it was the rig...
I will get the ball rolling: heard that Kunal Shah invests as less as INR 50K in return for good % of equity, by saying that using his name in media will give the startup enough value in itself (can't deny tbh).
What have you heard/seen...