Bootstrapping vs. Raising Funding
Based on our first 5,000 users who created financial projections using ProjectionHub, we have a pretty good sampling to determine what percentage of startups bootstrap vs. raise funding.
- Percentage of Startups that Have a Loan – 40%
- Percentage of Startups that Have an Investment – 38%
- Percentage of Startups that Have an Investment or a Loan – 66%
S0 based on this data we can assume that approximately 34% of startups are planning on bootstrapping.
We also have some data on Existing Businesses:
- Percentage of Existing Businesses that Have a Loan – 23%
- Percentage of Existing Businesses that Have an Investment – 19%
- Percentage of Existing Businesses that Have an Investment or a Loan – 33%
Startup Financing
- The Average Projected Startup Loan – $230,000
- The Average Projected Startup Investment – $325,000
Existing Business Financing
- The Average Projected Existing Business Loan – $371,000
- The Average Projected Existing Business Investment – $265,000
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