Entrepreneurs are the nation's economic heroes -- dedicated people who are a critical factor in the resilience of the U.S. economy. Even in an environment of doubt, they are prepared to take the risk of investing to grow their companies -- and that growth equals more jobs.
Women entrepreneurs haven't received their share of investment. So, why should we care? Because female-led startups that receive the same level of investment as those led by men could add 6 million jobs to the economy within five years, one study found.
I frequently see disconnects between founders ("This business is going to change the world") and venture investors ("Really? You are super smart and I love your enthusiasm but I respectfully disagree") after a business has already been financed.
Apple has created a kind of interplanetary weapon that has the capacity to quickly raze entire planets -- or at least entire companies. Startups constantly forget this. While it's nice to imagine creating whole new markets, most new markets form by shrinking old ones.
I've been helping entrepreneurs raise capital as a corporate lawyer for 17+ years, and there are certain fundamental mistakes that I've seen entrepreneurs repeatedly make. Accordingly, I thought it would be helpful to share three basic tips for entrepreneurs in connection with raising capital.
Regulatory burdens and healthcare reform are causing big uncertainties for venture investors that could limit the capacity of drug and medical device startups to bring products already in the pipeline to market.
One of my portfolio companies has venture capitalists and angels stampeding over each other to invest. All of this when a recent WSJ report bemoaned the fact that Web startups have hit a cash crunch. So which is it: a stampede or cash crunch?
Both founders and investors are, in many cases, paying way too much attention to reverberations within the venture echo-chamber instead of just making good, sensible plans consistent with their missions. Don't cede control of your destiny to the oscillating waves of popular thought.
The Wall Street Journal has a story out today that says "Web Startups Hit Cash Crunch." There has been a fair bit of reaction in the tech blogs and I thought I'd toss into the discussion some things we are seeing.