Venture capital 101: University of Utah Conference, fund helping students learn the ins and outs of private equity

The worst experience for a young business person is having to face investors and tell them the business has failed.

"You have got to really look inside yourself and see if you have it in you to say, ‘I lost your money,"’ said Rick Alden, founder and chief executive officer of Park City-based Skullcandy, a company that designs headphones, MP3-player watches and other audio products.

Alden was a speaker at the University Venture Summit, a University of Utah conference for college students Thursday and Friday that aimed to educate students about venture capital, financing for start-ups or companies attempting to turn around.

University Venture Fund http://www.uventurefund.com/

By Laura Hancock
Deseret Morning News

Full Story: http://www.deseretnews.com/article/1,5143,695245335,00.html