So, you’ve got a startup idea. If it’s not « Uber for laundry, » congratulations, you’ve taken an important first step. The next hurdle is to find money, and unfortunately, it’s going to be complicated.
Angel rounds, Series A, bootstrapping — a lot of funding jargon gets thrown around with little specificity and the fresh-faced Australian startup scene is particularly guilty of this.
While the American style of venture capital funding is coming under increasing criticism for wasting millions on companies with little more than a clever pitch deck, Mashable Australia spoke with a number of local experts for their views on how the process works in Australia, and to put some figures together on how much startups can typically raise at each stage. Read more…
from Startups http://ift.tt/28FXlPp