How to raise your first cheque?

The session started with the inauguration of the Dream startup challenge by Mr. Ronald Fernandez, CEO, AIC-RNTU Foundation. He also briefed about AIC-RNTU & their services to startups. Then Mr. Ronald handed over the session to Mr. Shashank Randev, Founder VC & Co-Founder at 100X.VC.In the session, Mr. Shashank talked about the Mistakes founders make while raising their first cheque:
1. Founders don't communicate their product properly.
2. Not hiring the right people
3. Raising too much money very early
4. Building product that no one wants
5. Getting a big customer very early
6. Superman founders become the bottleneck for their growth
7. Raising money from the wrong investors
8. No MOAT, Unique ID or barriers to entry. Must haves in pitch decks Investment thesis and ticket size of 100X.VC Q&A by participants Mr. Shashank concluded the session by saying"Your first two cheques will depend upon the work you've done in your geography."

Date and Venue: 2024-01-16 - zoom meeting

Objectives in Brief: To provide Knowledge along with practical insights to secure initial rounds of Funding in the startup Journey.

Key Speaker: Mr. Shashank Randev, Founder VC & Co-Founder at 100X.VC

Organizers/Co-Organizers: AIC-RNTU Foundation