Raising startup money through friends and family

janiejohns — Fri, 12 Sep 2008 13:16:39 -0500

Good article. I always recommend tapping into your social network, especially family and friends, to get money and resources to start a business.

40billion.com helps entrepreneurs raise money for startups through friends and family rather than through traditional financial institutions. It is the first friends-and-family funding network for small-business entrepreneurs. Using the Internet-based service, entrepreneurs connect with their social networks - friends, family, friends of family, colleagues, and others - to raise capital, and entrepreneurs can share their fundraising pages on MySpace and Facebook too. 40billion.com’s scalable platform facilitates the funding requests and transactions to make it easier for an entrepreneur to manage many investors, who can provide $50 to $10,000 each.

For more information, visit http://www.40billion.com .

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Raising startup money through friends and family