In this video Argona Partners CEO, Jeremy Imlach answers the question on whether or not investors look down upon business' that have been self-funded for long periods of time.
If you have a question, submit to Team@ArgonaPartners.com
Jeremy:
“Not necessarily, however, investors are going to be looking at two things, churn and burn. So if you've been dumping money into a program or a process, and haven't been able to showcase any traction, that will lead to an investor believing that you'll burn through their money without much progress as well. However, if you're able to justify the spending and showcase a growth strategy, most investors will not count this against you. Approximately 95% of startups are self-funded or raised through some sort of friends and family raise.”
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