Friends and Family financings are always the easiest to complete – often taking less than two months from start to finish. Friends and Family rounds usually raise $25,000 to $150,000 in total – the amount depends a lot on who your friends and family are.
The only problem is that most people who invest in Friends and Family financings probably shouldn’t.
Well meaning, but inexperienced, entrepreneurs often treat their friends and family investors unfairly and cause considerable damage to their startup and future funding opportunities.
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