Where's the Seed Funding? Visualizing How New Startups Are Getting Funded

The economy is indeed making its way out of the major trench it fell into back in 2008, but the struggle is nowhere near over.
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The economy is indeed making its way out of the major trench it fell into back in 2008, but the struggle is nowhere near over. Small business opportunities are still popping up, and Intuit has visualized the origins of the more recent upstarts in their latest infographic.

The graphic brings to the forefront some rather striking data, particularly that 83 percent of startups are apparently self-funded along with one other source (credit cards, outside investors, borrowing against 401k, bank/home equity loans), according to a 2013 survey by the Ewing Marion Kauffman Foundation and LegalZoom.

Also noteworthy, 70 percent of new small businesses only employed the owner -- and most said they had less than four employees. Here's a look:

2013-04-17-Intuit_Startup_Funding_Updated.png

Infographic via Intuit.

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