Investor or Not????

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Investor or Not????

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clorenen

posts: 3

Mar 04, 2008 4:34 PM ET Quote Report Abuse

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Hello we are new to the site. We are a startup ecommerce and trying to decide if we should continue to max out credit cards and tap out the savings account or look for angle investors.

Our site should be up sometime in May yet our resources run out in July. Is there any thoughts on the topic?

Thanks for your input.

jumpjet

posts: 4

Mar 14, 2008 10:03 AM ET Quote Report Abuse

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If you have a hot product - go for Angel just don`t give a way the store.

clorenen

posts: 3

Mar 14, 2008 10:10 AM ET Quote Report Abuse

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Thank you so much. We believe we have a very hot item.

agel562

posts: 25

Mar 14, 2008 2:53 PM ET Quote Report Abuse

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I don`t know what angel Investors is? Please help, Maybe I could use one or more?

clorenen

posts: 3

Mar 14, 2008 3:59 PM ET Quote Report Abuse

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They are typically a group of individuals that have funds to invest in companies. The main difference between an angle investor and venture capital from what I know is venture capital companies want a larger piece and the exit strategy usually involves a sale of the company where they get paid off.

agel562

posts: 25

Mar 14, 2008 4:05 PM ET Quote Report Abuse

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Thank You for the info clorenen ! I was lisening to the podcast that is on this site under radio?

It gave me the Information there and plenty more! I need to be funded? I have some Ideas but no capital! I`m trying to sell some things around the house to get a little Business.

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Investor or Not????

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