Raising funds from family - how have you been handling it?

In my experience it can be great or hurt you significantly, all depends on how transparent you are with your communications with your family members, their goals are aligned to yours, they are willing to loose 100% of the money. some of these difficult conversation need to occur upfront before you take a single cent.

Last year I invested in a family member's start up (brother in law). I went in with the expectation that I wouldn't see the money again despite having a ton of confidence in him. My relationship is more important than the money. If you feel the same love from those you approaching then go for it. He didn't approach me directly but I heard from other family and I wanted to support him. I hope that point of view is helpful.