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Hardship at a lot of startups is the result of entrepreneurs not respecting the old adage, "It takes money to make money." A lot of entrepreneurs don't really k
by 7Figures2Commas 12y ago
Hardship at a lot of startups is the result of entrepreneurs not respecting the old adage, "It takes money to make money." A lot of entrepreneurs don't really know how much money they need, and young ones often start their companies before they know where it's going to come from.
The good news is that now is a great time to be selling equity in a tech startup. The bad news is that even if you're successful in trading your company's equity for capital, there's no guarantee you'll get enough capital, or that you'll be able to get more of it when you run out.