Providing Startup Financing Solutions Since 2001

Peter

Never be shy about promoting yourself because if you aren’t going to no one else ever will. – Gene Simmons

When I first wrote the piece “Fake it Till You Make it” a couple of people became morally outraged and delivered sermons on a popular networking site. My original piece was basically about the need for aggressive self-promotion, particularly in this day and age. There’s an actual legal term for this strategy: puffery. Yes, it’s legal. My two critics jumped to the erroneous conclusion that I was suggesting illegal behavior. I wasn’t. Continue reading

How Startups Survive the Financing Valley of Death and Launch

Rock star venture capitalist Paul Kedrosky lays it on the line about how the vast majority of startups are funded initially. According to Paul, 84% of fast growth companies never receive a dime of venture capital.

less than one-in-five of the fastest-growing and most successful companies in the United States had venture investors, according to the study. The report evaluated venture financing among companies on the Inc. 500 list of the fastest-growing private companies. Only approximately 16 percent of the roughly 900 unique companies on the list from 1997-2007 had venture capital backing. (pdf) Continue reading