Remove Bootstrapping Remove Business Model Remove Cost Remove Seed Capital
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Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest.

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The New Reality of Entrepreneurship | WSJ.com

Campus Entrepreneurship

The article highlights some bootstrapping entrepreneurs who are, by necessity, taking longer to grow their new ventures. Lack of seed capital (home equity lines of credit, friends/family) is a major problem. (Is The new reality of entrepreneurship will bring new opportunities and business models for entrepreneurs and society.

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Think Your Start-up Is Venture Worthy? Think Again.

techcrunch.com

Especially since even Youtube is still struggling to try find a viable business model. I personally think there should be a shift generally to funding smaller ideas, that are innovative enough to not cost millions to build and run, that may still net similar returns (30-50 times) but are less risk since they’re smaller.