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Penny-pinching entrepreneurs changing world of venture capital
Once upon a time on the Web, there was a lot of talk about "burn rate" – a phrase describing the way start-ups like Webvan and Pets.com went through venture capital like a blowtorch. Many flamed out.
Today, the operative phrase is "bootstrapping." In "Web 2.0," a term reflecting the medium’s maturation into a dynamic, cost-effective business platform, penny-pinching entrepreneurs simply don’t need venture funding as much as they used to.
By Scott Duke Harris
Mercury News
Full Story: http://www.mercurynews.com/ci_6593343?source=rss&nclick_check=1
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Looking for Seed Money? Venture Capital May Be the Answer
After playing it safe for the better part of a decade, venture capital firms are beginning to take more chances with start-up companies.
By Matthew Mogul, Associate Editor, The Kiplinger Letter
Full Story: http://www.kiplinger.com/businessresource/forecast/archive/venture_capital_coming_back_070810.html
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