Interesting numbers in startup funding




Sunday, January 4, 2015

Only 1 percent of funding for startups comes from VC firms? In contrast, 24 percent of businesses find funding from friends and family and more than 80 percent are self-funded. Crowdfunding only accounts for 3 percent of funding, but crowdfunding itself has grown rapidly, becoming a $5.1 billion industry that raises $2 million each day.

Moreover, while almost $1.4 billion went to startups that focused on consumer products and services, entrepreneurs got more funding for entering industries such as media and entertainment, biotechnology, industry and energy or IT services.

Source:
http://www.entrepreneur.com/article/241331
 

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