Startup funding: Friends, Family, Fools
In answering the problem of how to fund your business venture, the classic startup funding option if you haven’t the means available is to seek the three Fs: Friends, Family, and Fools. Too often family arrangements are done unprofessionally and that can destroy both a family and a business. In truth, entrepreneurs ought to be […]
Startup funding methods: equity financing explained
Instead of taking debt, entrepreneurs can give equity. Noam Wasserman, author of The Foundere’s Dilema, argues that equity splits should rarely be equal, and more experienced entrepreneurs craft more intricate equity splits that involve vesting periods, milestones, and premiums based on ideas and/or experience. Much of that however applies to founding teams or taking money from […]
How can entrepreneurs best fund their ventures with all of the options available?
Introduction The great thing about America is the notion of the “American Dream.” In this dream, someone can rise in income through starting a business and give their offspring more than what they started off with. Often in this scenario, a person often starts out with little. Lots of immigrants start businesses with this notion […]