Beyond VC: Funding Alternatives for Startups [Flyhomes]

Опубликовано 16 сентября 2019, 20:46

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Flyhomes, a real estate startup, landed a $17 million funding round to help solve a major problem in the home buying industry – buyers losing out to all cash offers. Scoring investments from the likes of Andreessen Horowitz and Shasta Ventures, as their company grew, so did their cash needs. While some may have opted for another VC round, Flyhomes took a strategic line of credit in order to build fast and change the industry.

Tushar Garg, CEO and Co-founder at Flyhomes, shares how they used investment dollars, paired with a line of credit, to quickly scale-up their startup, diversify their customer-base, and beef up new revenue streams. He provides tips on alternative funding avenues founders should consider when VC funds are out of reach – including bootstrapping and lines of credit.