What are some success stories in traditional funding?

What are some success stories in traditional funding?

There are many inspiring success stories in traditional funding. For instance, companies like Apple and Microsoft initially relied on traditional venture capital to grow.

Can you tell me more about how Apple used traditional funding?

Sure! Apple received its first major funding from Mike Markkula, an angel investor, who provided $250,000 in exchange for a stake in the company.

What impact did that funding have on Apple's growth?

That funding allowed Apple to develop its first products, including the Apple I computer, which laid the foundation for its future success.

Are there other companies that have similar stories?

Yes, companies like Google and Facebook also started with traditional funding sources, which helped them scale rapidly.