According to a report distributed by the Angel Capital Education Foundation, total startup funding from venture capital funds, state funds, and angel investors totals approximately $20.8 billion annually. Surprisingly, friends and family contributed nearly three times the amount of capital to thousands of startups each year. With approximately $60 billion in startup funding coming from friends and family, entrepreneurs must consider this as an option as they seek to launch new businesses.
Startup Professionals Musings: Friends and Family: Largest Startup Funding Source
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4990 days ago
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