?L-pad, a remote mentoring/incubation program for early stage startups is launching their second batch. You can apply here. It is an interesting model where they take 4% equity in the company for providing mentoring and connections, but no funding.
Mohit, the founder of L-pad answered some questions for us.
Shabda: This is your second batch who have you already funded?
Mohit: L-pad runs a mentoring program. We do not fund startups. We take a 4% equity stake against the 6-month intensive mentoring.
In our batch-1, we have one startup (Spojit.com) that just launched their alpha.
Lpad's second batch of remote internships starts
By : shabda
Mohit, the founder of L-pad answered some questions for us.