What are the different types of startup funding?

What are the different types of startup funding?

There are several types of startup funding, including bootstrapping, angel investors, venture capital, crowdfunding, and grants.

Can you explain bootstrapping?

Bootstrapping is when entrepreneurs use their own savings or revenue from the business to fund its growth, avoiding external debt.

What about angel investors?

Angel investors are individuals who provide capital for startups, often in exchange for convertible debt or ownership equity.

How does crowdfunding work?

Crowdfunding involves raising small amounts of money from a large number of people, typically via online platforms.

What are the pros and cons of venture capital?

Venture capital can provide significant funding and mentorship, but it often requires giving up equity and control.