I need the funds to hire a reputable development team. After much research, I decided I should hire the development team to create my platform/app (to get a reputable one) vs offering equity (which may result in a less than mediocre product.) Any advice helps! Thank you!
Raising capital is one of the biggest challenges any start-up can face, but fortunately, entrepreneurs have more than one option for getting the funding they need. Angel investing is a good option for start-ups to raise large amounts of capital without being constrained by the requirements that go along with taking out a loan. Weighing the loss of equity against cost can make it easier for start-ups to decide which option is best.
You can read more here: https://www.investopedia.com/articles/investing/010416/angel-investing-vs-crowdfunding-how-raise-money-your-startup.asp
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Answered 3 years ago
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