Why Are Indian Founders Less Informed?
Why Are Indian Founders Less Informed?
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I have had the chance to observe startup founders both in the Bay Area and in India over the past 2.5 years. While it’s a small duration, it does seem to me that founders in India are relatively less aware about how startup investing actually works. By this I mean an understanding of the VC math, acceptable investment terms, exit paths, cap tables and other nuts and bolts that have nothing to do with technology stacks, target markets or business models.

If you were to ask an average Joe (or Jai!) founder in India, who’s yet to close a round, anything regarding investment terms beyond pre-money valuation and dilution, there’s high chance that you’d draw a blank.

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Dealing With Draconian Investors
Dealing With Draconian Investors
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In the past year at Globevestor, I have closely witnessed a few instances of startup fundraises where key investors behaved un-admirably, by failing to honor their commitment or trying to re-negotiate previously agreed terms of investment at the last minute.

Mostly this happened at the round closure stage, i.e. post term sheet/ due diligence & during paper-work/ money transfer, despite the investors being well aware of the limited runway & options available to the startup. At worst, they possibly happened specifically because of this knowledge!

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Beta Launch
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In startup parlance, I’m doing a beta launch for this personal blog. It doesn’t quite feel ready for primetime, but as is said that if it doesn’t feel broken then you’ve waited too long to launch. So here goes. To begin with, have ported here two posts on startups that I wrote a few months ago, as they are quite relevant.

At Globevestor, we’ve been actively investing in India for about two years now, and it’s been a great ride so far. 

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