Starting your business can be a scary process – figuring out through trial and error what works and what doesn’t. While you may think of funding is something that’s done all at once, it’s often a process that happens in stages. The early rounds typically are funded with your own personal funds or of your loved ones around you, later resulting in investors for venture capitalist and hedge funds.
In this infographic, Fundera has summarized how startup funding works explained through pie.
[Click image for full size version]