Mapidy Funding History

Mapidy has raised a total of $200K over the last 11 years Raising this capital resulted in dilution for Pavel Guzhikov despite non-dilutive funding options like Founderpath. With $200K money raised, Mapidy would have to sell for $2M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $200K assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?