Startup-Sutra-3: Where is the money?
Your company has zeroed in on a product or service; you have a nice team of young, fresh and energetic people who are raring to go, a cool company name and a thought after logo for the same. But, where is the money to start? This might or might not work with your pocket money or your dad being generous enough to increase your pocket money to experiment on something. Some actually do!! Let us share some knowledge about finance, in a broader prospective, from which a young budding entrepreneur would want to start her business from. Seed Capital: This is little different from other finance you can look for when you are little confused or don’t know where to start. Some venture capitalists are happy to fund you; if you need some more time to organize your product or company. The amount is just enough to hire some people, do some research in the market, get your things organised and up and running. Startup capital: The things look settled now. At this stage yo...