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I don't think your problem is unique. I have a few ideas that if I could only get substantial funding for just might work. That said: >Could I put it on a co
by navigatesol 7y ago
I don't think your problem is unique. I have a few ideas that if I could only get substantial funding for just might work. That said:
>Could I put it on a corporate card as an LLC and do my best to make it work? Then fold without harm or fowl if it doesn't? Is that unethical?
Any bank worth their salt won't simply hand over a huge line of credit for an idea. Banks are risk averse, that's why VC exists. But hey, if you are honest with your plan and they give you money, this is the route.
- echelon 7y agoApproaching VC with a small scale demo is a fantastic idea! I'm hoping for a quick viral demo, press coverage, and then either more funding or a quick exit. Enough funding to handle the intital traffic will absolutely accomplish what I want. I've already written the app, so I can show it off. This is a great idea! Thanks so much! :)