Startup Lessons
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5 mins
What are the 3 main ways of funding your startup?
Who cares about assets
There are three common ways to get funding for your startup:
1) Banks - Banks like to know about your assets - then if you cant replay they can take your assets
2) Venture Capitalists - VCs dont care about assets - they want to know how big and how fast you can grow. They dont expect all the companies they invest in to succeed - they are looking for the next facebook.
3) Bootstrap - Fund it through income from your startup. Start small and prove the business can be profitable and then reinvest and grow a bit more.
