May 23 in Financials 📈
Strategies to Save Equity
🚨 Disclaimer: This is not expert advice; it is completely my personal opinion.
Convertible debt and SAFE funding structures offer a combination of security, potential for high returns, and flexibility, making them attractive options for investors, especially in the high-risk, high-reward world of early-stage startups.
However, I as a startup founder, I feel like one of my duties is to save as much equity as possible within the company among founders.
Here are 3 strategies I have found to save some equity:
1️⃣ Bootstrap - financing a startup using personal savings, revenue from initial sales, or support from friends and family, without relying on external investors.
2️⃣ Grants and Competitions - funding through grants, competitions, or government programs designed to support startups.
3️⃣ Debt Financing - borrowing money through loans or credit, which must be repaid with interest.
Let me know if there are other strategies out there.
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Strategies to Save Equity
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