I dont know who else can hard relate to this other than me.

Best Deals don't stay. Or chase VCs. It is the other way around. Actually VCs don't even chase them. They do everything they can to nab them. A VC cant sit on them for even a day. They know it. That's not even FOMO.

(1/4) We’re thrilled to partner with @Honestcreate_ as their Ecosystem Partner for an insightful webinar series designed to help founders craft impactful pitch decks and successfully fundraise for their Series A round! 🙌

WEBINAR | Exploring Pop-Up Cities: The Vision Behind @VitaliaCity and @ipecity Check it out here on the @Founder_Haus channel in partnership with @jupterco lu.ma/4sml1ygr

Dear Indian founders incorporating in the US, Half a dozen people have now pinged to ask me about this. So I'm posting here to reduce the number of phone calls. here's collective wisdom of a few hundred YC India startups ok the correct company structure. h/t to Anand of @inklehq who is the guru for all of them. You should talk to @getak100 for everything. 1. You CANNOT use Stripe Atlas, Deel or whatever else to incorporate. That's an instant FEMA violation that cannot be recovered from later. For an Indian citizen to buy shares in a US co, u have to do an ODI that needs RBI approval (even for 20$) and a UIN number. If u have done this through Stripe/Clerky/whatever, ur fucked. Close the company and start again. There's no easily known way to recover. 2. Each founder in India has to create a LLP. Individuals cannot buy shares in the US - without an even longer process. This is why, this is known as "LLP route". The gifting route is no longer legal. Trust me - this is like ED territory. 3. Use ICICI for this 20$ ODI. They will charge 15k INR for it. However all the other banks know jackshit about startup founders ODI. 4. Once the ODI happens, the founders have effectively bought shares and now you can sign those YC SAFE and receive money. This is a 2 month long process. You cannot receive money before this. Dear VCs (global and Indian) - this is how long it takes. Please be kind. 5. The only two law firms (that I know of) that work for startup founders in doing this is @CommendaHQ and Inventus. 6. If u want to take money from Indian investors, open a new bank account in US. And take money here from ur Indian investors. This money is kept separate and NEVER used for any Indian operations (roundtripping). As long as u don't mix Indian investor funds and us investor funds, all compliance is fine. There is some options route to take money in india and issue options in the US. 7. Once all of this is done, establish a Indian subsidiary pvt ltd and buy out its shares by the US parent. This Indian subsidiary is where the founders and the Indian employees will receive salaries. U cannot receive salary from the US in india as a founder. This is a tax problem. Just don't do it. But it's a minor problem.

Every page is a gem so was very hard to pick up what to show in this infographic. Credit to @sajithpai @BlumeVentures @anurag_pagaria @BlumeVentures for helping founders, VCs with a go-to-reference point on “all things” startups of India. Report🔗 lnkd.in/gkTQGWRc

Not even past page 35, there is so much to use across decks across founders building for not just Bharat but India 2.1. (Page 27-29) I personally like the segmentation more now than putting everything “building for bharat” @sajithpai didnt see the term Bharat. Is India 2.1 btr

Good luck to all founders going for this meeting. Hope it is resolved! #delisting #GooglePlay #googleindia

Done 50 workshops. Still the best summary thread amongst those. Thanks to the amazing platform team @BlumeVentures Tbh always excited to do these workshops. But not everyone will go the extra mile for the partners. The little extra counts.Clearly that’s why the most loved VC ❤️

More founders need to hear this from a VC 👌Give them ‘aha’ moments that shows how well you thinking. A lot of founders jump to getting the deck created without doing good thinking. #pitchdeck #storytelling #insights #vc #founders @vaibhavbetter thank you for saying out loud!

We are excited to announce that @mrchetanbhatia will be joining us on 22nd July for a knowledge session on "Creating a Winning Pitch Deck" 💡 Chetan Bhatia is the co-founder of Honest Create, a team of visual storytellers that has created investor decks and sales decks for Koo, BeatO, Chingari, Battery Smart, and other portfolio companies of Anthill, Blume, Iron Pillar, and Lets Venture, among others. Honest Create has helped generate over $300 million funding for founders, and counting. He is also a Workshop Facilitator at Headstart Network Foundation, where he has facilitated over 20 workshops on creating a pitch deck and reviewed over 600 pitch decks for incubators and colleges like IIMs.

Announcing Honest Create as the Pitch Deck Review Partner for Conquest ‘23! 🚀 Honest Create, a team of creative experts, is dedicated to assisting businesses worldwide in raising funds through professionally designed Pitch Decks. With their expertise, they have already assisted founders in securing more than $300 million in funding.

Two years ago, we at @BlumeVentures launched LeadTribe - a tribe for rockstar women founders to build amazing institutions at the back of a super-charged network. We’re thrilled to be launching Cohort III this year!

Amazing show put by @IndianVCA and partners! 🙌 Loved the energy and conversations🍸 #ivca #VentureCapital #privateequity #summit #conclave

The best way to get referred to a founder for a job? 1. Pitch to a VC for a role with their firm. 2. Basis interest, they will likely propose portcos instead. Voila, you get high quality WhatsApp first intro directly to the founder!!