Hey all! Any fellow founders or startup folks know how to approach raising a “friends & family” without plans to raise VC in the future? My startup, Gravitatas, needs a chunk of change (about 25k) to get our product into preproduction and prep for our launch Kickstarter campaign.
For context, I’ve bootstrapped a prototype but need a little push beyond my salary. My friends and fam aren’t moguls or familiar with fundraising beyond a Kiva loan I’ve done in the past (previous biz). Ready to send out my deck but at a standstill about how to best approach asking for investments anticipated in the $500-$5000 range.
I’m considering Wefunder, simple equity share ($1k = .001%, minimum of ~5k), SAFE note in the event I raise more money or…
Any thoughts/ideas/red flags are welcome! Thank you!