Raising capital is one of the hardest tasks a startup founder can face. It is often said that the title “company founder” is just another way of saying chief fundraising officer, because it feels like most startups are in continuous fundraising mode.
For most startups, a new round of fundraising usually takes place every 15 to 18 months, with the expectation that each round will help the company achieve new milestones and a higher valuation. Funding options available to the entrepreneur depend…