You’ve got your business off the ground, you’ve secured some financing, you’re cash flow positive, and business is good. Great! But you need to expand into a new market and to do that you need cash.
Your 3f’s (friends family and fools) are all pretty much exhausted, and Angel Capital’s already been spent in your national expansion efforts. So now it’s either debt or venture capital…
And while we won’t go into the semantics of why we’re recommending an VC injection rather than debt acquisition (just yet), we’ll just say that this option is the better one for your business at its present juncture.
Original Article: How to research Venture Capital funds. | f3fundit.com