There seem to be two motivations behind the current buoyant enthusiasm in Congress over crowd funding for entrepreneurs: (1) the democratization of funding for startup companies (no longer requiring such investors be wealthy) and (2) the job creation that is expected to result from creating more startup ventures. In my earlier post, Crowd Funding – […]
Posts Tagged 'Kauffman Foundation'
For years there has been a pervasive opinion across the entrepreneurial landscape that the US has a shortage of capital required to startup and grow new ventures. It is suggested that companies cannot find the cash necessary to start new and exciting ventures. Furthermore during this economic downturn, we’ve heard a crescendo of voices lamenting […]
Startups Create Jobs Back in the ‘70s, David Birch of MIT startled the world by reporting that US government data showed the predominance of new jobs in the US were created by startup companies. Most mainstream economists scoffed at these results, since “everybody” knows that big companies create new jobs. Over the past thirty years, […]
Due Diligence Pays Off for Angels in Groups I’ve been asked for thirty years if due diligence on angel deals really pays off. Are we angels better served spending substantial time with entrepreneurs before investing or should we simply to throw darts at a list of deals to pick companies in which we invest? Frankly, […]
Click on the play button to listen to this podcast. [mp3player:/businessjivepodcast.mp3] “Bill Payne was an angel investor long before angel investing was cool. As the Entrepreneur in Residence of the Kauffman Foundation, he’s the closest thing this nation has to an Entrepreneur Laureate.”