c. If you needed to get funding for your company, describe at least two sources of funding that you would prefer. Explain why you would prefer these sources of funding. (2-4 sentences. 2.0 points)
@HuskyNation
Huskehhhh
1) Form a partnership. A more established company may have a strategic interest in helping to develop your product—and be willing to advance funding to make it happen. I know several companies that develop customized social networks for large enterprises, with the expectation of using that funding and experience to compete in the consumer market some day. Licensing may not be as sexy as being a consumer brand, but it will cost you a lot less.
Sexy?
2) Bootstrapping. Self-funding from your savings (if you have it) is always preferred. Advantages: no time going hat-in-hand to investors and you don’t have to relinquish any control in your company.
let me re phase it
"Licensing may not be as sexy as being a consumer brand, but it will cost you a lot less."
XD I can't submit that to my teacher ***
l-m-f-a-o
1) Form a partnership. A more established company may have a strategic interest in helping to develop your product—and be willing to advance funding to make it happen.
So many foking tabs
I see you medaled yourself here too @HuskyNation
no :O
Seems strange to have happened just after you medaled yourself on my current questions.
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