5 advantages and disadvantages of raising external funding

In case a startup wants to create impact and grow, a funding round is the best way to speed up the process. Otso Laakkonen Incomplete person “Best startups don’t need funding” – a phrase we hear often. This is not untrue, however, in case a startup wants to create impact and grow, a funding round is the best way to speed up the process. Even if it’s not necessarily needed. FiBan study shows that funded Read more…

Money flows in the wrong direction

A quick look at the most influential European growth companies shows that they primarily solve comfort problems of the middle class. From 30 of the most funded European startups, merely two are solving environmental issues.  “There’s a big difference if the most privileged percentage of the population is using their time to optimize social media advertising instead of developing new medical technologies for example”, says Annu Nieminen from Upright.     We also have reasons to be Read more…