So far Ratan Tata has made investment in more than 31 startups. Although there is no commonality among them he says he invests in those startups which excites him and whose founders are confident of their ideas and can prove it. More than money its his guidance and name that fascinates the startups to share their equity with him.
If you are lucky enough to get his guidance, make sure you do it in the early stages of your company. See, he will not get rich with a marginal increase in your equity but you should miserly spend it.Such personalities does not invest much amount. There are many advantages of getting investment from mentors, early in the life of your startup. Top two being: 1- since the valuation of your company is low you can strike the deal at a much lower cost. 2- Begining of any startup is always very important. If you get backing from such investors you enters the funnel of investment that attracts attention of not only other investors but also your future employees and your prospective customers.
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