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New on Inc42 Media: What First-Time Founders Get Wrong (And Right) About Fundraising

  • Lumikai
  • Jan 19
  • 1 min read

Fundraising isn’t a milestone. It’s a strategic decision.


In this piece, Salone Sehgal, Founder & Managing Partner at Lumikai, unpacks a hard truth: venture capital only works when there is real alignment between the business being built, the ambition behind it, and the investor’s risk appetite.


Too often, founders treat VC as validation. The best founders treat it as leverage.


She breaks down:

  • Why venture readiness matters before you raise

  • How clarity on users beats storytelling in pitches

  • Why product, distribution, and retention are the real early-stage moats

  • And why fundraising starts long before you need capital


💡 Across our portfolio, founders are putting this into practice:

  • Eloelo - building durable, community-led engagement loops

  • Vobble - leaning into an IP-led approach

  • AutoVRse - driving phased adoption through VRsebuilder

  • AskMyGuru - focusing on high-intent user loops


📖 Read the full article → Click here


If you’re building, raising, or planning your next round, this is essential reading.




3 Comments


Suri Ji
Suri Ji
Mar 20

Schools need efficient systems for student data. The role of UDISE student module is explained clearly here. It helps maintain accurate records. I found it helpful. Informative guide.

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Eric Jason
Eric Jason
Mar 18

That’s a hard truth. Not every good business is “venture-backable,” and forcing that Friday Night Funkin 2 model can actually damage a company. When founders raise money too early or at inflated expectations, they often end up trapped—chasing growth they can’t sustain.

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Lorenzo
Lorenzo
Mar 18

Dit artikel geeft een helder overzicht van digitale trends. Digitale platforms beГЇnvloeden steeds sterker hoe mensen online communiceren. Aanvullende details over dit onderwerp zijn te vinden op de website. Deze inzichten helpen om digitale trends beter te begrijpen.

speel veilig bij Piperspin

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