One of George Bush's most memorable lines was his complaint that the French had no word for "entrepreneur". Well, if Senator Dodd's new financial reform bill becomes law, we may well have the word, but no longer any need for it.
Angel investors are often wealthy individuals that invest under $1 million in promising, new companies. They lend to companies that are too risky for traditional business loans from conservative banking institutions.
The securities and insurance industries divert attention from basic principles of finance and investing by offering a dizzying array of products intended to confuse, seduce and separate investors from their money.
Just like traditional venture capital funds, VCTs provide equity capital to fast-growing small and mid-sized businesses; however, unlike traditional venture funds, the underlying investors are you and me.
Small business groups are concerned the real agenda of the upcoming Obama administration small business conference will be to adopt legislation and policy that will change the definition of a small business.
I want to offer a macro-level view of the larger opportunity I see in both Michigan and the Midwest, as a venture capitalist looking for small businesses that have a chance to become much, much bigger businesses.
Baidu is often described in the press as China's "home-grown" internet portal. But its stock trades on the NASDAQ exchange. And it is today majority-owned by institutional investors with names like Fidelity and Morgan Stanley.