Lesson from investing in startups

In July 2019 I got in touch with two startups for investing.

Let us call them A & B

Startup A –

• Four founders, humble background a complete knowledge of their product and market national and international, sound business practices, down to earth guys, no bluffing, to the point talks and meetings.
• I am also their product and it is super amazing, they give gold class tech support, know what is the future plan, they have full command on their cash flow.
• They got a 7 figure funding from me.
• I also gave business and strategic guidance to them and had a very good experience in terms of execution and money matters.

Startup B –

• ???? ???? ????? ????? ??? ????! No control on finances, No detailed knowledge, Just dreams of making a 500 Crore Company, No dedication towards work, Just want to fool everyone including potential investors and customers.
• The main point is they are not ready to improve at all.
• They don’t accept their present and past.
• This start-up is related to finance and personal wealth and guess what they don’t even have the slightest command on their own cash flow and finances and statutory compliances.

What I learnt in these months (July to October), The overall attitude awareness, ???? and actions of founders are really important and if they are careless, ??????, in a hurry, liars, not dedicated, don’t have complete knowledge of the domain, customers, and markets, and are king of broken processes then stay away from them.

FYI, just in case you have a startup! we are looking forward to investing. Only and only when you have knowledge of your domain, no intent to deceive your customers and investors.