He is an Angel Investor, and working on Startup Monk Network Fund which is the missing link between Startups and Investors. With the Startup Monk Network Fund, he is trying to fill the gap ( a huge one ) between the First Time Founder / Early Stage Startups and Investors.
He is part of and sits on the Board of several Startups and also part of advisors for Atal Incubation Center ( SNU ).>
Only 8.3% of startups are successful in getting funding, says an annual report on Indian venture capital and private equity on startups released by IIT Madras.
Technically it will be even less than one startup from every 10 startups.
And for the next round, again the numbers are the same. Rather negative
i.e. 9 out of 10 funded startup fails to raise a second round of funds and end up shutting down the venture.
How did they attract investors to their business?
What did they do to persuade investors, both global and domestic, to sign them million-dollar cheques?
What were the factors that helped them clinch the deal?
Are these questions keeping you awake at night, do you also get lost in fundraising language.
Do valuation, Voting rights, Liq Pref, control, Term Sheet, Cap Table, pitching, types of funding, term sheets, and networking, to name a few words intimidate you.And further creates obstacles in your fundraising efforts.
Find out all the answers related to fundraising in this course “Basics of Fundraising”>