Читать книгу How To Become A Business Angel - Richard Hargreaves - Страница 13

Having exhausted the support of family and friends, the entrepreneur naturally looks to their bank – or used to. In reality, though, banks have never been very helpful with early stage ventures. They want readily realisable security for the money they lend and firm evidence that it can be returned from the cash flow of the business. Many start-ups simply cannot provide this.

Having failed with their bank, the entrepreneur often next thinks, or used to think, of venture capital firms – an institutional rather than personal source of equity capital – if only because they are easy to find.