Join us for this live webinar on Thursday, November 6th at 10 am Pacific, 1 pm Eastern. Register here for free.
There are a lot of options for raising capital in today's funding ecosystem including VC funding, tech banks and revenue-based lenders. They definitely are different, with very different expectations of companies they fund. They also will each have a unique impact on your business. Still, the biggest factors in choosing which route to go have less to do with outside considerations and much more to do with your own internal vision for your company.
Questions about what you want your company to look like in a year, or in five or 10, are critical. How much control and ownership do you want to retain? What do you want your role to be — and the role of your financial parters to be? Understanding how different funding models impact ownership, equity and roles is essential to understanding what makes most sense for your company.
How fast capital is needed is another central factor. You may be needing capital quickly to respond to quickly-emerging opportunities; or you may have a window of time in which you're preparing for a major new product launch. Each funding model has its own time frame, so understanding your own needs against this backdrop is important.
How much capital is needed is also vital. Do you need $500k or $5m to reach your immediate goals?
Then there's the matter of what you're willing to give up in exchange for capital. Certain funding models will require guarantees which you'll have to consider against what you want for your company.
So which is right? It all depends.
There's the old adage: "If you want to get a better answer, ask a better question." Don't miss your chance to get all these questions answered at this enlightening webinar featuring representatives from three different kinds of funding organizations: a venture capital company, a tech bank and a revenue-based lender.
Panelists
Moderator
Wendy Schuchart, Editor and Analyst, VentureBeat
This webinar is a co-production between VentureBeat and Lighter Capital.