The extra desperate you would possibly be, the stronger the negotiating floor for the VC firm. Countless entrepreneurs have shared the emotional ups and downs which may be inherent within the early life of a startup. But while business people usually recognize a way of shared struggle with different for-profit entrepreneurs, they rarely recognize that entrepreneurs running nonprofit startups face lots of the identical challenges that they do.
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And investors understand which startups are appropriate for his or her section of interest and don’t should work on irrelevant startup applications. Not solely that, however the process may be bodily and psychologically challenging for founders, who are more doubtless to increase any objections earlier than they entice the right investor. Bizzo, a tech startup has raised $2 million in a funding spherical from Orios Venture Partners and ICICI financial institution. The fintech startup plans to make use of the funds to strengthen custom-made credit options for casual sector clients.