Re: Where to find the right investor?
Hi there,
I commend you on how well you have done is such a short period of time.
Being in the field we are, we see so many start up businesses fail within the first 3-9 months because they have not budgeted sufficiently and overspent on things and generally run out of money without enough revenue coming in.
Most venture capitalists and venture capital companies, we have dealt with in the past for clients, usually want an ownership share AND want the money paying back.
So, if you want to give away a large chunk of your business and pay back all of their investment then that is a good option.
If you are making a profit then try and ride it out, ask the bank for some temporary help...
After all, you'd rather next years' profits were ALL yours right?
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