Every business needs funding to grow. This is where fund raising plays a vital role. When companies want to expand or take on bigger projects, having funds is essential. But the process can be complex.
The 90s were wild, a century shrouded in world wars and nuclear mist, finally taking its last breath.
And yet venture capital flowed like the Nile does in the summer, a time where the internet was new, magical and promising.
Everyone believed that the websites would change the world, entrepreneurs became millionaires by launching websites, the focus shifted from profit to growth to market shares.
When the 21st century began, companies reached $1 billion valuation without even generating revenue, and then came the inevitable; the bubble burst, many “dot coms” ran out of money, followed by the stock markets crash, legendary brands went bankrupt overnight.
But when the dust settled, a few chosen survivors came on top and led the quiet revolution into the new era of internet browsing.
The dotcom phenomenon taught investors and founders that business fundamentals carried the heaviest weight and that the internet era wasn’t over; it was metamorphosizing into a better form.
As we advance further into this century, Artificial intelligence has taken over the globe in an unprecedented manner, it’s like a piece of grandma’s favorite pie, everyone wants a taste.
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Every business needs funding to grow. This is where fund raising plays a vital role. When companies want to expand or take on bigger projects, having funds is essential. But the process can be complex.
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