Comment on The IPO Markets - Part 1

praneethmendu commented on 29 Aug 2015, 01:53 PM

admin can I suggest that the meaning of promoter come earlier in the text ? “So let us imagine that the promoter along with the angels raise INR 5 Crore in capital. This initial money that he gets to kick start his business is called ‘The Seed Fund’. It is important to note that the seed fund will not sit in the entrepreneur’s (also called the promoter)”

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