How to Fund Your Venture

How to Fund Your Venture
May 25, 2017 Admin

Last night Dantia Chairman Trent Bagnall shared his insight into the different models of funding available for ideas and enterprising businesses at Hunter Innovation Festival for #newystartups.

 

“99% of VC funds have a lifespan of around 10 years, and almost all of them spend their funds in the first five years – because investing in startups is a long game that takes 5-7 years to see solid RoI,
“You should always ask a VC how much money is left in the fund before you pitch to them, because if it’s an older fund, you may be wasting your time.”

The festival closes tomorrow with one of the final events focussing on Rapid Prototyping and taking part at Dantia Smart Hub.

Read the full story here: http://www.theherald.com.au/story/4669129/experts-advise-on-startup-funding/