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What are the most common methods of raising fund for a start up ? How many actually get funding from a equity firm or Venture investors? How many of them actually self sponsor? and how many use home loan or credit card loan.
Believe it or not, around 60% of start ups businesses use their lifetime saving s from their bank . Investment by venture capital accounts for only 0.04% of new businesses ,while a huge 10% actually use their personal credit card with astronomical rate of interest for starting their venture. Infact business loan from Government rank higher , in the 5th place .Home equity loan and credit card forms 15% of " how start ups invests in their business
source : U.S. Census Bureau Research Date: March 23rd, 2015 |
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