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LONG BEACH, Calif. -- Raising capital for a startup venture during these difficult economic times has been a major obstacle for many aspiring entrepreneurs. But it's not impossible. There are several steps budding business owners can take to get in front of prospective investors and to help make sure they pony over [...]
Pitching venture-capital investors to launch or grow your business is a delicate process, so you need to tread carefully. There's an art to making a successful pitch, says Aaron Levie, cofounder and CEO of Box, an online content-sharing company based in Palo Alto, Calif. He has raised $162 million in five rounds of funding and [...]
UPDATE: In a rare sign of bipartisanship, the House passed the JOBS Act on Thursday, March 8, by a vote of 390 to 23. Even in the polarized political environment of this 2012 election year, Republicans and Democrats in Congress are coming to the table over proposed legislation aimed at helping [...]
Like most entrepreneurs, John Krech doesn't follow conventional wisdom. After 20 years with 3M, he cashed in his 401(k) to launch ePhiphony, a Minneapolis software business that optimizes inventory management for QuickBooks users. But he spent two years developing and testing his product, RightOn Inventory, before he made his break [...]
A new study of recession-era spending points to a disturbing trend: More business owners are using their own personal savings or home line of credit to fund their enterprise. In the Journal of Family and Economic Issues, University of Missouri assistant professor Tansel Yilmazer writes that starting a business often has [...]
Guest op-ed contributor Scott Shane is a professor of entrepreneurial studies at Case Western Reserve University. He writes about entrepreneurship and innovation management, among other things. The media have been all over the story of how the popping of the housing bubble in 2006 hurt American consumers. We’ve learned about [...]
Business is good for pawn shops these days and not just the ones featured on reality television. In today's unforgiving credit climate, there are fewer and fewer ways for firms to raise ready cash. In lieu of a more fluid credit situation, small-business owners are turning to pawn shops to borrow [...]
Editor's Note: This is the second installment in a four-part series analyzing the outlook for small businesses in the year ahead. Read the first installment here. The credit crunch for small businesses is expected to ease this year, but entrepreneurs may still need to be creative in their search for financing. "The lending [...]
Fashion-forward friends Neil Blumenthal, David Gilboa, Andrew Hunt and Jeffrey Raider aren't your bargain-basement eyewear types. The four University of Pennsylvania Wharton School of business alumni always preferred designer frames and lenses that ran about $500 per pair--a fact they lamented. "Most glasses are marked up between 10 and 20 [...]
LONG BEACH, Calif. -- Raising capital for a startup venture during these difficult economic times has been a major obstacle for many aspiring entrepreneurs. But it's not impossible. There are several steps budding business owners can take to get in front of prospective investors and to help make sure they pony over [...]
Pitching venture-capital investors to launch or grow your business is a delicate process, so you need to tread carefully. There's an art to making a successful pitch, says Aaron Levie, cofounder and CEO of Box, an online content-sharing company based in Palo Alto, Calif. He has raised $162 million in five rounds of funding and [...]
The government has selected a clean-technology investment company as its first partner in an effort to support innovation and job growth in areas deemed "critical" and a "national priority" like low-income regions, clean energy and education. And Citi has stepped in as the lead private investor in the deal. The [...]