When early stage startups look for funding (choose all that apply):

a. They tend to issue preferred stock to founders and employees, and common stock to investors.

b. Angels and VCs often provide better funding opportunities than crowdfunding.

c. Friends and family are often the first stop, because they believe in the founders

d. Some banks may provide secured loans and/or venture debt

e. Grant funding can create problems on the cap table through high dilution.