Most financial institutions don’t work with early stage startups, which is why founders are turning to angel investors and venture capitalists for funding. Today, fewer deals and larger raises make early stage financing more elusive than ever.
Despite an impressive year of venture capital funding in 2017, investors are investing in fewer seed and pre-seed rounds, according to the “4Q 2017 PitchBook-NVCA Venture Monitor” (email required). The average entrepreneur is expected to self-fund for at least two years before raising outside capital.
