Boost VC’s Post

💰 Want $50K to kickstart your deep tech startup? The Boost VC Founder Start Program is your chance! Get funding, mentorship, and resources to bring your idea to life. ➡️ Apply here: https://lnkd.in/eSBtAYQp

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Sirisilp Kongsilp, PhD

Cockroach founder, Computer Scientist, Software Engineer, University Lecturer

1w

$50k for 3% for deep tech startup…. Why? Typical deep tech research receives grants from the government in that range already. If you are targeting team that are bringing deep research to market, you should know that it is going to cost a lot. If a true deep tech takes this deal, it seems like a great way to kill your company from the day one. The company can’t get anywhere with $50k, impossible to reach the next fundable milestone, and giving away too much equity since day one. Any follow on investors will question the founders’ judgement. If the $50k is SAFE, it will make more sense. Anyhow, I may be wrong, I am not the one with 12 years of experience in investing in deep tech startups.

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Burak Buyukdemir

Founder of Startup Istanbul

6d

Looks great

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