Finding capital can be the difference between a successful and an unsuccessful company. Regardless if you are an entrepreneur bootstrapping, using the bank’s money or pitching VCs on Shark Tank, entrepreneurs know that cash is vital to their success. This infographic by BOLT Insurance captures the numerous opportunities for business to get money in order to grow, who gets funding and how much VC’s and Angels want to contribute.
Key findings include:
- 31% of small business owners borrow money from friends and family
- 75% of young firms’ funds come from bank loans and credit
- $6.27: For every dollar of venture capital invested since 1970, $6.27 of revenue was generated
- New law in Jan. 2013: A company can raise up to $1M a year from individual investors in exchange for equity in the company
Via: BOLT Insurance