Entrepreneurs who take funding from close family and friends are more likely to pursue lower-risk growth options

Entrepreneurs who take funding from close family and friends are more likely to pursue lower-risk growth options- Entrepreneurs often lack resources and funding needed to launch a venture and reach out to family and friends for initial support. But is it always good for a startup when individuals close to the founder are asked if they want to “be on the ground floor of something good?”

Source: phys.org

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