Minimum viable funding
When starting your business, it’s advisable to raise enough capital to sustain you throughout the growth phase . . . But, in some cases, it’s better to start with less capital. That’s because the growth phase will be a learning curve during which making mistakes will be unavoidable – and minimising the mistakes and their associated costs will be important. Your investors will want to see if you can strike a balance between the learning curve and its cost. So, what is the minimum amount of funding you would need to achieve this balance? Tune in to episode 41 of The Successful Pitch podcast series in which Allon Raiz explains the concept of MVF or minimum viable funding.