Entrepreneurs, fund raising and preserving equity in turbulent times
Nov 16th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Given that the US startup market is used as a world template and the absence of useful Irish data, we look again at the experience of American entrepreneurs in the early years of developing businesses in these turbulent times. Despite the myths avidly absorbed by gullible politicians, most entrepreneurs neither depend on banks or venture capital firms to provide early stage funding. Nevertheless, the issue of preserving equity is of relevance to any startup whether in respect of outside investor stakes or dividing the cake between founding partners.