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How to find funding for your hardware startup while we’re waiting for the hardware revolution

Version One Ventures

To increase your chances of venture capital financing, you’ll need to lower the risks as much as possible, such as: Bootstrapping as long as you can to get a working prototype into the market. Following an iterative manufacturing process. However, there’s a challenge when your investors are also your customers.

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What every entrepreneur should know about financing right now

Version One Ventures

That’s okay: many great companies have been built by bootstrapping. There’s a lot of “easy” early-stage money floating around right now, but don’t get fooled into taking seed money if you don’t have a viable path for later rounds. If not, revenue from your customers will be your best source of financing.

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6 Ways To Make Your Startup More Attractive To Investors — Even With A Criminal History

YoungUpstarts

But he chose to move forward with a positive attitude, raise seed money for his company, and network his way to a profitable future. Bootstrap your business. The best way to impress independent investors is to prove your business is viable by “bootstrapping” — or self-funding — until you gain traction.

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Timing: When to raise seed funding.

Scalable Startup

High growth startup companies need seed money to get things going. They need the money to rent offices, hire staff, and establish their initial presence (website, incorporation, marketing). If you’re bootstrapping, you don’t need to worry about either of these options. Without funding most tech startups will die.

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3 Reasons To Seek Only What You Need During The Funding Process

YoungUpstarts

Some entrepreneurs will choose to bootstrap their venture the best they can, while others will turn to trendier options such as crowd funding or a startup accelerator to get off the ground. Looking back to its origins you find it began with just $20,000 in seed money.

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Q&A: How To Deal With The Trough of Sorrow? And tips for bootstrapping companies

Rob Go

We want to bootstrap as much as possible and believe we can because we should be profitable by summer (not a lot of profit, but some). Our desire to bootstrap may be a good thing because we don’t believe our industry is one where we could have a huge exit and potentially attract investors before we get there.

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Fundraising: Words of Wisdom from Ron Conway and Marc Andreessen

Scott Edward Walker

Bootstrap as long as you possibly can.” –Ron In other words, you’re almost always better off making your business better than you are making your pitch better.” “The way I always think about running a startup is also the way I think about raising money, which is: it’s a process of peeling away layers of risk as you go.