Mohan: 90% of deals launched on LetsVenture close successfully
Shanti Mohan · Shanti Mohan, Founder, LetsVenture on the rise of Angel Investing in India · Oct 19, 2020 · at 29:50
Shanti Mohan, founder of LetsVenture, discusses deal completion metrics and reasons behind failed transactions on the angel syndication platform.
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“I think it's about, ah, about 90% success, and when I say 90% success, I'll tell you what we don't define as success, right? The 10%, like, what is the failed transaction in our mind? Failed transaction is one where the money has been committed, But the DB did not go through.”
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