Startup
Were you able to get funding for your startup?
Yes, but not as much as we need.
Good.
Yes. It is exciting.
How much capital have you raised so far?
$10,000.
How much more do you need?
We feel we will need $40,000 of over head.
Are you looking for investors or loans?
We would prefer investors but we might need to take out a loan.
Who are your investors?
We presented to a few venture capital groups and got $10,000.
Good for you.
Do you know of anyone else?
I know a few angel investors.
I would prefer angel investors over taking out a loan.
I can give you their contact information.
That would be great.
Why don’t you want to take out a loan?
Because I don’t care too much about my equity in the company.
I see.
Also, I definitely do not want to pay interest in case things don’t work out.
That is smart.
Thanks.
It’s better to be safe than sorry.