Most founders don’t fail because they can’t raise money. They fail because they raise the wrong kind of money for the company they’re building.
And more advice from Mirit Lugassi , Investor at Laconia . Mirit is an operator turned venture capital investor, currently investing in pre-seed and seed rounds in B2B software companies building must-have technologies in mission-critical industries. After a successful career in Finance and Fintech, including scaling a venture-backed AI & ML-driven B2B SaaS Fintech startup and serving as VP of Customer Operations at an early-stage Edtech startup, she leveraged her operationa
16 hours ago


Recent Failures
BluSmart BluSmart was a startup with an ambitious goal of reinventing ride-hailing in India. The company promised everything Uber and Ola did not: electric vehicles rather than fossil-fuel vehicles, full-time salaried drivers rather than gig workers, fixed pricing rather than surge pricing, and full operational control from the app to the charging hub. For a moment, the model seemed to work. By 2023, BluSmart operated thousands of EVs across Delhi NCR, supported by its own ch
Feb 4


Don't Hire Someone Because They Are Nice!
And more advice from Paul English , best known for Kayak, but who has started a dozen+ companies and nonprofits. Startups: Kayak, Supercal, Steppin, Lola, Xiangqi, GetHuman, Moonbeam, Deets, and Wellagram. Nonprofits: Embrace Boston, Summits Education in Haiti, Winter Walk for Homelessness, Institute for Applied AI, Bipolar Social Club Paul is also a TEDx speaker and a frequent lecturer on entrepreneurship, creativity, and stress reduction. 1.Don’t hire someone because they’
Dec 29, 2025



