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Fundraising is the process of seeking and gathering voluntary financial contributions from individuals, businesses, charitable foundations, or governmental agencies. In the context of startups, fundraising often involves obtaining capital from venture capitalists, angel investors, or through crowdfunding platforms.
Fundraising is a crucial activity for startups as it provides them with the capital needed to grow and expand. It's a complex process that involves pitching the business idea to potential investors, negotiating terms, and navigating legal regulations. It's important for founders to have a clear strategy and prepare thoroughly for this process.
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