American capitalism today is not a rosy panacea, nor can it be simply defined. It is multidimensional, and there exists within it two pairs of diametrically opposed constituencies: the "floats all boats" capitalists and the "zero-sum gamers."
After the 2008 financial crisis, capital is too restrictive to be loaned by banks. When I founded my company, I didn't even waste time looking into this fundraising option. It's as improbable as finding the Loch Ness Monster.
VCs are good capitalists. They sell what their investors will buy, and they charge what their investors will pay. The real problem, it turns out, lies with the institutional investors -- the ones doing the buying and the paying.
The ways in which an entrepreneur might best connect with venture capitalists has been covered by a number of other VCs across the web, but we thought it might be helpful for entrepreneurs to put this question into context by providing actual operating data regarding deal flow for our firm.
I can feel the crowdfunding movement coming. And I think it will be impactful and helpful in many way. And I hope that its impact will be most felt in the sectors that have been starved for capital, not the sectors that are awash in capital.
Each student is free to interpret Columbia Business School's call for an "outrageous business plan" as they see fit. Some create typical businesses that solve outrageous problems, and others create disruptive businesses that solve ordinary problems in an outrageous way.
With small-business lending at banks at its lowest point in more than a decade and venture capitalists only willing to offer term sheets for billion-dollar market opportunities, we're seeing revenue-based finance make a strong comeback.
GOP presidential contenders Rick Perry and Newt Gingrich, GOP strategist Karl Rove, and a few other GOP stalwarts loudly claim that the Bain issue is a potential presidential game loser for presumptive GOP presidential nominee Mitt Romney.
Bain Capital made Mitt Romney a much wealthier man than he already was as the heir to Daddy's fortune. But was it good for America? Hardly. Is this the American Dream? Perhaps only for the already wealthy Romney.
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.