![]() I would prefer to offer a convertible note to prospective investors that can be easily extended throughout both friends and family and seed rounds (up to $2M to $3M) to get to proof in the market. ![]() ![]() IF that means debt financing then only use the debt lines the cost of which can be carried by returns generated by the use of funds. IF you have access to enough investor capital (not debt and not your savings) and you can get to MVP and still maintain ownership of a sizable majority of the business then do it.
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