Less than 0.4% of American startups are funded by venture capitalists. We know this thanks to the measurement and reporting of the venture capital industry and the Kauffman Foundation. 2,000 companies were reported to receive their first round of venture capital, out of a bit more than 500,000 new companies created annually. (Both of these are U.S. statistics). Investments by Angel investors are...
Yesterday I attended and spoke at a great investor event set up by Element8, “Investing a World With Few Exits“. The event kicked off with an amazing summary by Rob Wiltbank, which not only reprised his conclusions from his groundbreaking research on Angel investing, but included analysis on new data sets he has been collecting. The key learning continues to hold true. In the...
This weekend I broke ground on book #7 in the series, The Next Step: The Realities of Startup Funding. The key lesson is that for startups, money is time. Or more specifically, money buys your a faster time to market and a potentially faster path to profits. This is not how venture capitalists or Angel investors talk about money. For them, money is fuel. Which, from their perspective, is true...
Green Lines Series | Michael “Luni” Libes, Founder & Managing Director, of B Corp Certified Fledge Posted on 04/08/2014 by Kerrie Mullaney | Leave a comment Our team met up with Michael “Luni” Libes for a one on one interview to find out more about the successful entrepreneur and the driving force behind Fledge. Read along to find out more about what inspires Luni to support young...
