Lovepop Case Solution

Having the approval of a company like TechStars ensured that Lovepop can get a large amount of funding, along with accelerated growth of the business. Although the shares of the business will be diluted due to the 6% equity required by Techstars, Rose and Wise will have a lot of opportunities to scale the business and reap in a high amount of revenue and profits. The companies that participate in Techstars’ program have a high survival rate and the Techstars team had also promised to help Lovepop in closing a seed round of $300,000 even before the start of the accelerator program.