POLL: What’s the Best Way to Support Startups, Services or Cash?
After wrapping up a panel with a gamut of pro- and anti-VC types at SXSW, I’m left wondering why there aren’t more services-oriented startup firms. Let me explain: Most of the time, when a startup goes after venture capital, they’re still in the process of building a product and bringing it to market. They need things like servers, developers, marketing tools and sometimes office space. Do they need money per se? Or is capital an increasingly arbitrary and unnecessary step in building a tech startup? Sponsor The fact is, almost every startup needs a little help. Maybe you get that help from the bank of Mom and Dad; maybe you get that help from your good friends at Mastercard. Often, you get that help from folks who want equity; you end up trading part of your assumed long-term success for resources you need in the short term. We are all familiar with the idea of trading equity for funds through angel financing and venture capital; we’re also familiar with the TechStars and Y Combina…[...]
Click below to read the full story from the source…
POLL: What’s the Best Way to Support Startups, Services or Cash?










