Were you able to get funding for your startup ?
Yes , but not as much as we need .
Good .
Yes . It is exciting .
How much capital have you raised so far ?
$10,000 .
How much more do you need ?
We feel we will need $40,000 of over head .
Are you looking for investors or loans ?
We would prefer investors but we might need to take out a loan .
Who are your investors ?
We presented to a few venture capital groups and got $10,000 .
Good for you .
Do you know of anyone else ?
I know a few angel investors .
I would prefer angel investors over taking out a loan .
I can give you their contact information .
That would be great .
Why don’t you want to take out a loan ?
Because I don’t care too much about my equity in the company .
I see .
Also , I definitely do not want to pay interest in case things don’t work out .
That is smart .
Thanks .
It’s better to be safe than sorry .
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