New Delhi: The founder of a startup has sounded the warning that excessive financing at an early stage can harm young firms. This, he said, was because easy money is a slippery slope.
Its founder described how the pressure to expand quickly may cause start-ups to make the wrong choices. Numerous startups that failed to raise money did not know how to make strong products despite having raised large sums of money.
Scholars hold that investments must be matched to level and requirements. A gradual and gradual growth might be safer in terms of success in the long term.
