What are the different types of funding sources available for startups?
There are several types of funding sources for startups, including bootstrapping, angel investors, venture capital, crowdfunding, and bank loans.
Can you explain what bootstrapping is?
Bootstrapping is when entrepreneurs use their own savings or revenue generated from the business to fund its growth, avoiding external debt or equity.
What is the difference between angel investors and venture capitalists?
Angel investors are typically individuals who provide capital for startups in exchange for ownership equity, while venture capitalists are part of firms that invest larger amounts of money in exchange for equity, often at later stages.
How does crowdfunding work?
Crowdfunding involves raising small amounts of money from a large number of people, usually via online platforms, to fund a project or business.
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