4 ms·

I'd be interested to hear your proposed alternatives, then. Small business loans?

• silexia 6y ago
  The best alternative to VC money is simply getting early customers to help fund you. Do services contracting for them and you will learn a ton about their needs and the problems your solution solves. You will iterate rapidly and bring your business to actually solve customer problems. Beyond customer funding, look at SBA loans. Or bank loans. Avoid credit cards if you don't pay them off monthly. Your business probably won't grow as fast as your debt will if you go this way. I personally used a combination of using my own savings (dipped into about $10k before my net worth started going up) in combination with customer funding.