For start-ups that are turned away by their bank for funding (and let’s face it, there are a fair few), the chances of prising cash out of a moneyed investor appears depressingly slim.
A main stumbling block is locating an investor in the first place. However, as Sahil Merchant explains today, your chances aren’t scuppered by not having an intimate circle of VC buddies.
Read his piece to find out how the six degrees of separation rule can help your business get an early cash injection.
Elsewhere, we find out the secrets to the success of Job Capital, the Officeworks Fastest Growing Start-up at last week’s StartupSmart Awards, in a video interview.
Plus, mentor Fred Schebesta weighs up the pros and cons of using a credit card to fund your business..
Oliver Milman, editor