I'm new to startup and funding. I have the slightest idea on this, mainly because my projects were self funded where the revenue from a project will go into a new project or get's reinvested in the same.
I'm working on a mobile application. I have already hit the roof and will soon hit my reserves. I can launch this project and support it for 5 months without marketing spends. I can barely support it for 1 month if I spend on marketing which is needed.
I don't want the time I have spent on it go into nothing, that's where funding can help but the problem is, with funding I have to give a piece of my baby to recieve funding and to support my business?
I'm working on a video sharing app (entertainment) by the way. I have been planning this for a long time and now is the best time to think about it.
Founders write about your funding experience here