Im willing to bet that if you are going to do a statistical breakdown on most successful companies investment money has has directly or indirectly (ie through c

Im willing to bet that if you are going to do a statistical breakdown on most successful companies investment money has has directly or indirectly (ie through connections) family money,with friends or personal connections a close second. While would largely agree with Daniel on the downside of the three Fs there are upsides too. You dont waste 6 months pitching at the most critical time of your business startup,you dont get screwed by information asymmetry dealing with experienced investors and most importantly you actually get the money rather than "we will call you back".