Structuring and Funding Your Venture
Introduction
📺 Watch the following video from your instructor to learn what you will study in lesson 8.
Learning Outcomes
After completing this lesson, you will be able to:
- Learn about different legal structures for startups and their implications for governance, liability, and taxation.
- Understand the fundamentals of startup financing, including bootstrapping, angel investment, venture capital, and crowdfunding.
Non-Engagement Risks
If you don’t engage in this lesson fully, here is what could happen to your venture:
- Inadequate funding or improper organizational structure, leading to operational challenges, legal issues, or inability to scale.
Venture Building Case Study Week 8 - Formalizing the Venture
As interest in EduBridge grows, the team recognizes the need to formalize their operations. They spend the week researching startup legal structures, intellectual property rights, and the basics of financial management. Kwasi takes the lead, translating complex legal and financial concepts into actionable plans, while the rest of the team contributes to defining roles and operational processes. This transition from an informal project to a structured venture is a critical step, teaching the team the importance of legal and financial planning in ensuring the sustainability and scalability of their social enterprise.