Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
December 10, 2013 | Tom Ballard

This probably confirms what many entrepreneurs know

Dollar signWhere do start-ups get their funding. According to a report by Fundable as reported by Entrepreneur magazine, here’s the breakdown:

  • Personal loans and credit – 57 percent;
  • Family and friends – 38 percent;
  • Angels – 0.91 percent; and
  • Venture capitalists – 0.05 percent.

 


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