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Mining venture capital: to gain financing today, use the right tools or get the shaft. (Business Opportunities).(advice for entrepreneurs from the National Association of Investment Companies)
From:
Black Enterprise
| Date:
February 1, 2002| Author:
Dingle, Derek T.
| COPYRIGHT 2002 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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In case you've been comatose for the past year or so, the gold rush is over. Entrepreneurs seeking their mother lode through the Net represent a dwindling breed. Many venture firms that funded them have rolled up their tents. And other financiers--especially those who didn't catch dotcom fever in the first place--are wary over the prospects of panning for fool's gold.
It's a much more ornery environment out there--and minority start-ups had trouble finding veins of capit...
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