Startup Professionals Musings
MAY 19, 2014
In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either.
Startup Professionals Musings
JUNE 2, 2011
But when your only capital is your hard-earned seed money, every penny that goes out will be scrutinized painfully. But if you've spent all your money on the website for party supplies, you may not have the funds to have the site redone. Businesses can be built on sweat equity. Your mortgage and grocery bill depend on it.
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