In a survey conducted amongst startup founders in Australia in 2021, over 40 percent of respondents indicated that they had never taken debt to fund their startup. Over one quarter of respondents had taken loans from family or friends.
Types of debt taken on by Australian startup founders to support their startup in 2021
Survey question: "What types of debt have you taken on to support your startup?"
Survey data collected via three surveys: Australian Startup Founder Survey (380 responses), Australian Professional Startup Investor Survey (186 responses), Australian Angel Investor Survey (283 responses).
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Folklore Ventures (Australian Startup Funding). (March 2, 2022). Types of debt taken on by Australian startup founders to support their startup in 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/
Folklore Ventures (Australian Startup Funding). "Types of debt taken on by Australian startup founders to support their startup in 2021." Chart. March 2, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/
Folklore Ventures (Australian Startup Funding). (2022). Types of debt taken on by Australian startup founders to support their startup in 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/
Folklore Ventures (Australian Startup Funding). "Types of Debt Taken on by Australian Startup Founders to Support Their Startup in 2021." Statista, Statista Inc., 2 Mar 2022, https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/
Folklore Ventures (Australian Startup Funding), Types of debt taken on by Australian startup founders to support their startup in 2021 Statista, https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/ (last visited December 22, 2024)
Types of debt taken on by Australian startup founders to support their startup in 2021 [Graph], Folklore Ventures (Australian Startup Funding), March 2, 2022. [Online]. Available: https://www.statista.com/statistics/1325937/australia-types-of-debt-taken-on-by-startup-founders-to-support-their-startup/
