Sole traders can potentially obtain venture capital, but it is more challenging than for companies with multiple owners and shareholders. Venture capital is typically provided to startups and early-stage companies that have high growth potential and the ability to scale.
Sole traders, as individual business owners, may find it difficult to secure large amounts of funding from venture capital firms, as they typically prefer to invest in companies with a more established structure and multiple stakeholders.
However, sole traders can still seek out alternative sources of funding, such as angel investors, crowdfunding, or small business loans. They can also consider forming a company or partnership with other entrepreneurs to increase their chances of securing venture capital.