Re:Ask HN: How to hire early engineers?
by startupfreak on Monday April 09, 2018 @04:39AM
(#16791342)
Agreed. Your options are:
1) Beg and borrow from the people who love and trust you in the hope that either (a) you'll repay them or (b) they'll forgive you - this is known as a friends and family round.
2) Find some rich people and convince them that they will make lots of money (in tax-efficient ways) if they lend it to you - this is known as an angel round.
3) (In some countries this is still possible) Go to the bank and explain to them the viability of your idea.
1) Beg and borrow from the people who love and trust you in the hope that either (a) you'll repay them or (b) they'll forgive you - this is known as a friends and family round.
2) Find some rich people and convince them that they will make lots of money (in tax-efficient ways) if they lend it to you - this is known as an angel round.
3) (In some countries this is still possible) Go to the bank and explain to them the viability of your idea.