Funding is the lifeblood of any SME or startup, but what is the “correct” amount to raise to build and grow a successful business? Today on BizBytes, we explore this with early stage investor Bikesh Lakhmichand, CEO of Leet Capital.
We also get into:
-How a founder or entrepreneur can assess the value of their business when engaging and negotiating with inventors
-How much funding is an idea worth
-Managing the potential lack of discipline and lack of ‘lean-ness’ when startups follow the ‘raise as much as you can’ mentality.
This interview was first published live on BFM Radio & on BFM Podcast.
Produced by: Roshan Kanesan
Presented by: Richard Bradbury, Roshan Kanesan