#8 MFS - How Much to Raise for Uber for Art - Money for a Startup

In this post, I am going to reveal how much money we are going to raise Uber for Art

The goal is to raise enough money to attract private equity in the next 12-18 months

We decided to raise $175,000 in this seed round, which will pay for:

• ·         Staffing
• ·         Marketing
• ·         Technology
• ·         Artist enrollment costs
• ·         Market launch costs
• ·         Fundraising costs
• ·         Legal
• ·         Selling, General, and Administrative

We want to raise enough to get us to the next round, but not too much so we don't sell off to much of our business at a very low valuation.

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