Capital Funding and Promotions
Part 1 The business idea that will require early-stage funds to get started involves creating a web-based publication to cover the burgeoning information technology industry. An estimate of the amount of start-up capital needed to fund the venture for one year is approximately $500,000 dollars. The funding required for this venture would involve paying a finite amount people to work on the site. Most of these employees, however, could work under 1099 contractor status. Still, the efforts of a managing editor (to oversee the site), a copy-editor, and a pair of freelance writers to generate and refine content would require a significant amount of the aforementioned capital. Paying people well attracts quality individuals. The majority of that capital, however, would go to the purpose of advertising and marketing and attracting clients to advertise on the site. An initial point of such marketing is to have various subject matter experts throughout the industry blog on the site for free, and then attain corporate funding.
The first source I would utilize to attempt to procure funding for the aforementioned venture in this document is Trinity Capital Fund II, LLC. The second one is Alpine Investors IV SBIC, LP. In terms of the ease with which I could procure funding from the former firm, I would evaluate my chances with a 7 on a scale of 10. This rating largely pertains to the fact that there is no preferred maximum or minimum amount of funding that they issue and its status as an SBIC (Bloomberg, 2015). The fact that these such pivotal parameters are in place alludes to the fact that this firm is open-minded, and bases the amount of funds it is willing to invest on the profitability of the idea that needs funding instead of on rigid parameters. I would evaluate the ease...
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