In Inc. Magazine
By Tim Chaves, founder and CEO of ZipBooks.
As founder of an accounting software startup, I’ve raised over $2 million in venture capital funding to get my company off the ground. And that’s not unique: If you’re selling goods, you need inventory; if you’re selling software, you have to build it. But doing that costs money — there’s usually some period of losses long before you begin to see profits. Someone has to be willing to take those losses, but who would be willing to throw money at a project that’s intentionally losing money?
For the entire article go to:
http://www.inc.com/young-entrepreneur-council/how-to-determine-what-type-of-investor-is-right-for-your- business.html