Revolva

Thank you.

Pls i need startup capital of n500000 for phone sales and ss
08039443083

Revolva:
Nearly every week, we hear reports of startups in Africa raise funds. But what do the different types of funding rounds mean? Well, a funding round is anytime money is raised from one or more investors for a business. They’re given a letter, such as A Round, B Round, C Round, etc. because each round follows another. The letter identifies which number of rounds they’re on. Here, we take a closer look at the types of rounds and what they mean.

Series A round funding
Investing at this stage is usually regarded as high risk because the company will probably still be at the startup stage with a lot to prove.

Angel investors may be interested, but venture capitalists may also invest. Angels usually invest their own money and are often considered high net worth individuals. VCs and other institutional investors tend to invest other peoples’ money, so, they usually only invest in companies with a proven track record to reduce their risk.

Series B funding
A series B round is the second round of funding by private equity investors and VCs. By this stage, the company will probably have a higher valuation than before. The risk will be lower than before as the business will have a track record – so the cost to invest will be higher. Investors will expect to see signs of growth at this stage in revenue, users and product/service success

Series C round
A series C round is needed when a company is ready for rapid growth. The company will usually: have become a proven success in its market, wants to make acquisitions of competitors, increase market share and scale up or develop new products or services.

Venture Capital
This type of situation is different than an angel in that it is an organization of investors. Usually, this type of investor isn’t as interested in the early stages of a startup and prefers to see some return before they get involved. They like to make deals where they know they will get a return so they can be turned off by too much risk. However, they are more likely to invest a larger sum of money, but typically require ownership and to be placed in a decision-making position.

Seed/angel fund
Seed round usually occurs when the company is at the initial idea stage, or once the founder has a prototype/proof of concept, as well as some kind of sign that there’s a demand for what could be offered. Meanwhile, an angel round often occurs when a company is only just launching, if not before. Chances are that it will need an investment to support the business because it probably won’t be generating a big enough cash flow to cover all the day-to-day running costs. Sometimes a seed round and an angel round aren’t two separate rounds, they can be a hybrid of the two. Despite the name, both seed and angel investment rounds usually include a large proportion of funding from friends and family. It can also include money from angel investors who are focused on early-stage companies.

EMMAACHILE:

That's the truth. I meet an aboki wholesaler today and he said the people who could afford mecca this year on their own from his place in the north were farmers especially beans farmers.
They bought cars, build houses from income from their farms this year. It's ironic most of us think money is found in the office. Education to an extent is killing destinies if you don't know what you doing.

If you combine education with farming though you'll make a killing in profit.
I can imagine a bean farmer who sent his children to school and allocated plots for them as graduation gifts. When done with school they'll become well equipped to use top of the line supplements for their crops, make double their father's income and buy bigger lands which they'll employ mechanized farming techniques on and turn out monthly profits running into millions.

The richest Nigerian I ever ran into during my time in the United Kingdom was a commercial cocoa exporter's daughter. Her spending habits outmatched those of governors and bigger politicians' children.

hemsquare:
please I need help on profitable business I can start with 1m. I'm thinking of having a shop for soft drink and supply for events. Any idea pls.

Let's talk, I messaged you

We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.

Can also reach out on whatsapp 09081412698
Regards.