First Raise
Sumoth Capital was able to raise its first seed (in the form of a personal debt) $10,000. This is the very first raise that came through a good friend. When this friend sent me the money, He said, He’s ‘betting on me’. That’s a lot of faith into a person that has no track record.
So with this first raise, we are going to:
Generate profits
Use profits to create algorithm
Deploy algorithm
Maintain a track record
Start an incubator fund