Module 5, Section 4: Choosing the Best Funding
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Self-funding if a small investment is needed and early profitability seems likely. Angel Investor funding if less than $500,000 is needed and there may be a significant time before profitability. Venture Capitalist funding if more than $500,000 is needed, there is a 5-7 year timeframe for profitability, and at least a 10x return on investment is expected.