4.4 • 1.3K Ratings
🗓️ 16 April 2021
⏱️ 72 minutes
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0:00.0 | This week in Startups is brought to you by LinkedIn Jobs. A business is only as strong as |
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0:49.8 | slash this week and they'll let you know within a couple of days. |
0:54.2 | Hey, everybody. Welcome to this week in Startups. I am really excited to have today's |
0:58.0 | guest on the program because founders care about raising money. It's the number one question |
1:04.1 | I get. Will you give me your money? How do I raise money for my startup? Well, it's |
1:10.4 | typically been a small number of ways to get money for your startup. The first way is you |
1:15.2 | put in your own money the second way. You put in your friends and families money and |
1:19.9 | you risk never being able to go to Christmas or Thanksgiving again because you lost their |
1:25.6 | money. Third way is your bootstrap. Very difficult to do possible. I love bootstrapers, |
1:31.2 | but it's hard to do because that means you're making money, building product, making money, |
1:36.2 | and it's a lot of stopping and starting. If you will, and maybe you're not a developer, |
1:41.3 | and you need to hire a developer and developers need to make money because they're in demand. |
1:45.7 | So those are the first three ways. Now what are the next couple ways? Raising from |
1:49.2 | angel investors, raising from venture capitalists. If you're trying to raise from angel investors |
1:54.2 | and venture capitalists, there's a funny thing that people don't understand. Even though there |
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