Tech start-ups often require funding to fuel their growth and development. Funding options include:
Entrepreneurs fund their start-up using personal savings or revenue generated from the business. Bootstrapping allows for complete control but may limit growth potential.
b. Angel Investors
Angel investors are individuals who provide capital to start-ups in exchange for equity. They often offer mentorship and industry connections along with their investment.
c. Venture Capital
Venture capital firms invest in start-ups with high growth potential. They provide significant funding in exchange for equity and often bring expertise and guidance to the table.
Platforms like Kickstarter and Indiegogo allow entrepreneurs to raise finances from a huge variety of folks that trust in their services or products.