Adjuva Legal • 2m
At what stage should a start-up seek external funding?
Hey I am on Medial • 2m
Depends. If the founder is broke like me with vision may need funds at the idea stage. If the founder had a good network may not need funds until he needs mass scaling.
Personal cash and connections change the game completely, no doubt. Where a founder starts from – financially and network-wise – makes a massive difference to the whole funding timeline and necessity. Huge reality check.
Thanks for understanding 🙂
Pleasure. 🙏🏻 You raised a very practical and real-life point.
Tq 🥰
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