Crowdfunding (and sites such as Kickstarter and Indiegogo) has become a new source of alternative funding for small and mid-sized B2C companies that previously had to rely on funding from distribution partners, angels, or venture capitalists. But times are changing, and with these changes come all sorts of questions:
The MIT Venture Lab is designed to streamline the entrepreneur’s path to success by providing the information necessary to plan, finance and operate a profitable venture in today’s business environment.
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These days, we hear a lot about new ways to raise money from investors, but investment can take many forms. It is easy to forget that 99.9% of all new ventures are started without turning to any outside investors and it isn't always just about the money. There are many reasons entrepreneurs may never raise funds from outside investors, but choose instead to grow through personal income, loans from friends and family, sweat or home equity, operating at the lowest possible cost, credit cards, conventional bank borrowing, or cash derived from early sales. So how do you make this work? What do