4 ms·
Personal loans are a great way to bootstrap a startup and can lead to you having more equity later on. But it can be hard to get a lot of capital this way, com
by clay_to_n 12y ago
Personal loans are a great way to bootstrap a startup and can lead to you having more equity later on. But it can be hard to get a lot of capital this way, compared to raising from investors. It can also be riskier - taking out a $5mil loan from a bank is a bit scarier than raising $5m from venture capitalists who understand that 90% of their investments fail.