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Harsh Pokhna reflects its financial struggles despite a startup funding.
He claims that the enterprise capitalists have financially depended on them.
Pokhrana advised the founders not to feel ashamed of personal liquidity.
Harsh Pokhrana, co-founder and CEO of Bangalore-based Okkredit, recently shared that he was “broken” in 2019 and a living by Pechek, despite obtaining Rs 120 crore in funding for his startup. In a long LinkedIn Post, IIT graduate claimed that his story is not unique. He convicted Venture Capitalist for keeping founders financially stressful. He also advised the founders and entrepreneurs: “VCS wants the founder to be poor … so if you are a founder, do not be ashamed of anyone to be poor,” Mr. Pokharna wrote in the post.
The entrepreneur wrote, “The founders are gathering millions, and are still living like college children. Emphasized to survive.” He explained the reason behind this. He said that enterprise bourgeoisie often prefers founders to remain financially stressful, as it is easy to control the founder without any money. “A founder with money becomes dangerous,” he explained that the founders with money also get confidence to “build on their own terms” and disagree with investors.
“If a founder dared to ask for a little personal liquidity to clean his debts, then finally to stop being on the shore that he said he could lose his hunger,” Mr. Pokhrana claimed. He said, “Meanwhile, the same VC has no problem throwing millions of people in serial founders who have beach houses and retirement funds,” he said.
In addition, the entrepreneur said, “Obviously, money only kills ambition when it is in your hands. Then he advised all the founders to stand for their rights. He wrote, “Don’t let anyone be embarrassed to be poor. Build your dreams. But also create your freedom,” he wrote.
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Since shared, Mr. Pokhrana’s post has gone viral, in which many users share their views.
“” Broken but the building “stage is often glorified, but the conflict is real. I have seen that founders do incredible things while increasing silent financial anxiety. It just doesn’t wear you, it stops your fear and chooses to choose you and take risks to win big!” Written a user.
“I have always admitted that financial security does not do dull ambition, it gives you the freedom to think and improve clearly. No founder should feel guilty of wanting peace of mind while building his dream. You can build influence and stability-either it is not.
A third user commented, “If a founder tries to take a decent salary, it is still forbidden as such.” “This post is very real! The struggle to be a founder, trying to create a dream constantly works hard, joking,” said another.