3 ms·
> Anyone who did a solid research and even sold his product to people before it even existed won't be worried about putting their own money or taking a loan to
by bastawhiz 3y ago
> Anyone who did a solid research and even sold his product to people before it even existed won't be worried about putting their own money or taking a loan to finance the development.
Maybe it's just me being overly pragmatic, but if you're willing to personally secure a loan to build a startup that will probably fail, I personally find you too reckless/unintelligent/misguided to work with. Whether you get the money from a bank as a loan or from investors genuinely doesn't matter (money is definitionally fungible), what matters is that you can procure it. If you can't convince any investors to work with you and you have to take a loan out to cover the costs, that's an unimaginably large red flag and a sign of foolishness.