The vicious cycle in getting money to fund your big idea

NAIROBI: I was working on an Excel sheet when a dialogue box appeared on my screen saying I had made a “circular reference.” Google informed me that a circular reference is a series of references where the last object references the first, culminating in a closed loop. They indicate complex dependencies that are difficult to understand or resolve.

Sometimes funding capital projects is like that: in order to undertake a project, you need to get funding; in order to get funding, investors need to see the project running and generating actual results — it is a vicious cycle.