What is the fund raising climate in Europe towards backing profitable tech businesses experiencing short term cash flow issues due to being tied up in ridiculous antiquated regulation in the premium rate mobile sector?
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And to follow up what would be the best route to finance in this scenario - including dealing with a legal distraction.
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Answer:
You shouldn't take VC for short term cashflow issues, it's completely unsuitable. Look at something like Zopa, crowdfunded debt finance.
James Clark at Quora Visit the source
Other answers
Thanks - I edited the original post to further clarify and to open it up a bit more.
Gopal Patel
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