how do we decide for start up which funding option is better ? like collect from friends, or angel investors or go to VC. we have all working product me and my cofounder debating. For future scaling purposes I prefer VC. In the awake recent CEOs kickout VC route not liking it. thoughts folks?
Ok.
We have are planning to gain 1000 users in NC area. Target is month. No active registrations yet as we didn’t release to test users. But in two months we want to onboard 1000 users.
That’s nice. Have you thought of crowdfunding as well?
Is it a product or a service? How much money will it be needing and in what intervals? What is the traction?
It is a service. We don’t know how much we need. Expecting 100000 orders in a year with avg order value of $5.
Find out how much you need and in what intervals. Find out the traction