You have a clause about China and India, but not about Russia. So, Russia is OK? (Among other things, in Russia, it is difficult to receive money from abroad: many banks are disconnected from SWIFT, some of the rest have stopped working with transactions from the US on their own initiative, and there is a chance that a Western bank will refuse to conduct a transaction to Russia. So the most reliable way is to have a trusted intermediary person with money in a bank account in Russia and a second bank account somewhere else.)
I already applied to LTFF and now wait for an answer with not very high hopes for success. Does it make sense to apply to Lightspeed and, if I receive a positive response from one fund, just cancel the application to other one?
You have a clause about China and India, but not about Russia. So, Russia is OK? (Among other things, in Russia, it is difficult to receive money from abroad: many banks are disconnected from SWIFT, some of the rest have stopped working with transactions from the US on their own initiative, and there is a chance that a Western bank will refuse to conduct a transaction to Russia. So the most reliable way is to have a trusted intermediary person with money in a bank account in Russia and a second bank account somewhere else.)
I think Russia is marginally more doable, though I think also quite hard. I might add Russia to that checkbox just to set expectations correctly.
I already applied to LTFF and now wait for an answer with not very high hopes for success. Does it make sense to apply to Lightspeed and, if I receive a positive response from one fund, just cancel the application to other one?
Interesting!
A Couple of questions:
You have a clause about China and India, but not about Russia. So, Russia is OK? (Among other things, in Russia, it is difficult to receive money from abroad: many banks are disconnected from SWIFT, some of the rest have stopped working with transactions from the US on their own initiative, and there is a chance that a Western bank will refuse to conduct a transaction to Russia. So the most reliable way is to have a trusted intermediary person with money in a bank account in Russia and a second bank account somewhere else.)
I already applied to LTFF and now wait for an answer with not very high hopes for success. Does it make sense to apply to Lightspeed and, if I receive a positive response from one fund, just cancel the application to other one?
I think Russia is marginally more doable, though I think also quite hard. I might add Russia to that checkbox just to set expectations correctly.
Yep, that seems reasonable to me.