Startup Lessons
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.

December 10, 2019

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