There are four main sources of funding including:
* Angels like relatives, friends, colleagues, customers, partners, or vendors.
* Angel networks like North Bay Angels, Sand Hill Angels, Pasadena Angels, etc. The focus of this article is on angel networks.
* Funds like venture capital firms and pension funds.
* Markets like NYSE, NASDAQ, TSE, OTC, etc.
Each source of funding corresponds to a stage that the company is at, the amount of funding needed, the usage of the proceeds, the ROI expected, the period, etc.
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