Every business person knows that apart from having a good business idea, finding the perfect office location, building a customer base, and so on, you need money to sustain and grow a business. Even if you had a lump sum of money cached somewhere, the costs of running and scaling a business will deplete it. In order to continue to scale and grow, the business might periodically need an infusion of funds from external sources. These periods are called funding rounds.

In the past, entrepreneurs had limited options when trying to raise capital for their businesses. They either took bank loans, patronized the so-called ‘loan sharks’ or attempted to reach out to a small circle of well-placed individuals in the society. Fortunately, in more..https://alabiansolutions.com/blog/what-are-funding-rounds-2/