How do I choose between equity and debt crowdfunding?

I'm considering crowdfunding for my startup. Should I go for equity or debt crowdfunding?

It depends on your business goals. Equity crowdfunding allows investors to own a part of your company, while debt crowdfunding means you'll repay the funds with interest.

What are the pros and cons of each option?

Equity crowdfunding can provide larger amounts of capital without immediate repayment, but it dilutes ownership. Debt crowdfunding keeps ownership intact but requires regular repayments.

Which option is better for a tech startup?

Tech startups often benefit from equity crowdfunding due to the potential for high growth and investor interest, but it depends on your financial situation and growth strategy.

Are there any risks I should be aware of?

Yes, with equity crowdfunding, you risk losing control of your company. With debt crowdfunding, you risk financial strain from repayments if your revenue doesn't grow as expected.