Insight certainty 3/5 debate potential 2/5

Purwar: Indian seed rounds usually get priced unlike US SAFEs

Abhilasha Purwar · Electric Companies Pay Them $250k To Track Forest Fires, $1.2m raised at $7m Valuation · Nov 6, 2021 · at 7:18

Blue Sky HQ founder Abhilasha Purwar explains why her company chose a priced seed round over a SAFE instrument to Nathan Latka.

0:00 / 0:06exact quote · 6.5s
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“You can do 1.2 million of safe, but in the Indian market, you know, it's not that easy. Like usually the rounds get price”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Abhilasha Purwar

Insight
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Assertion Contradicted
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Disclosure
Purwar: Blue Sky flipped equity, making co-founder brother majority shareholder
“I think I took the majority, but then we flipped last year because my brother initially started like, oh, I'm going to help you for two months. And then he was like, oh, this is so exciting. And there's AI and cloud and APIs. And this is so tech. So he's my se…”
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Assertion Not checkable as stated
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Abhilasha Purwar Nov 6, 2021 ▶ 11:57 Electric Companies Pay Them $250k To Track Forest Fires, $1.2m raised at $7m Valuation
Assertion Not checkable as stated
Purwar: High-Quality Senior Software Engineers in India Cost $30k Yearly
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