HHH
Elio Addict
I read a financial article that referred to this type of fundraising as being a "mini IPO." I realized that by accepting funds from the general public for a new stock issue, they were absolutely correct.
In recognition that this results in more money and more pressure for the issuing start-up company, I quote an excerpt by Christina Bechold, co-founder of New York based Empire Angels as noted in The Wall Street Journal:
"The more outside capital you take on, the more pressure you'll feel. You'll give up ownership, your valuation will creep higher and investors will expect more with every dollar. Only take them when you're confident you can satisfy all your stakeholders."
In recognition that this results in more money and more pressure for the issuing start-up company, I quote an excerpt by Christina Bechold, co-founder of New York based Empire Angels as noted in The Wall Street Journal:
"The more outside capital you take on, the more pressure you'll feel. You'll give up ownership, your valuation will creep higher and investors will expect more with every dollar. Only take them when you're confident you can satisfy all your stakeholders."