Funding
- Vinay Johar

- Jun 7, 2022
- 1 min read
Updated: May 15, 2023

"Your idea is not worth our money."
"I don't believe you or your team can build a world-class product."
"This is a Golden Elephant that cannot make a million dollars."
"You cannot sell this to enterprises."
I faced many rejections when raising funds for my company back in 2013.
I changed my strategy then.
Instead of funding through Venture Capital, I tried Customer Funding, where we worked with clients through advance payment.
It was a game-changing decision.
We raised more funds than our goal through VC.
We also got enterprise customers like Wipro, Hexaware, StarTV, and many more.
Source: Linkedin





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