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28
Jun

How to start or close a funding round as a travel business?

Posted by on in Industry News
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STARTUPS: Raising capital is dead easy – you just convince some wealthy folk to believe in your idea and persuade them to part with some of their cash. Right? Obviously it’s nowhere near that simple, as many a travel company will testify. So what should you do? Read the full story on Forbes.

The simple fact of the market is that there are many, many more entrepreneurs seeking capital than there are investors seeking to fund them.

Indeed, the odds are 40:1 against getting money from angels and 400:1 against a company receiving an investment from a venture capital fund.

This means that it is a “buyer’s market”, and it is infinitely more common for an investor to decline to make an investment offer than it is for a company to decline to accept an investment offer.

Read the full story on Forbes

NB: Roll of cash image via Shutterstock.

Original author: Tnooz - Talking Other Tech
©tnooz.com
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