Slideshow: Why Startups Continue To Rely On Investors

by Louis Bedigian, Benzinga Staff Writer

January 15, 2014 9:41 AM | 1 min read | Make a Comment

Every year, investors pour billions of dollars into new businesses. Big data startups alone received

from investors in 2013. In exchange for these funds, entrepreneurs must give away a

of the companies they started. Is it worth it? Why do aspiring tycoons continue to rely so heavily on investors? Suzy Teele, Chief Operating Officer of SnapRetail, has some answers. Her firm raised

$4.15 million

in 2013 and is looking to raise an additional $500k to $1 million in 2014. Click through the slideshow to see why SnapRetail and other firms rely on venture capital. Disclosure:

At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.

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Posted In: Success Stories Startups Tech Interview SnapRetail Suzy Teele

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