Founders Finding Funding From Friends May Be Fools

Posted by martinzwilling under Startups
From http://blog.startupprofessionals.com 3695 days ago
Made Hot by: sundaydriver on October 15, 2014 10:46 am

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. Other entrepreneurs never start their adventure, because they can’t face the prospect of even approaching friends and family for an investment kick-start.

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Comments

Written by lyceum
3690 days ago

I like the photo of the former boxer, George Foreman. I bought his toast grill! ;) Do you know how he got funded?

If you can't get support from your friends and family, is the only option to approach the so-called fools? Do you think that micro-lending and crowdfunding will increase this route?

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