A new venture capital fund unveiled in Youngstown is designed to act as a conduit for connecting coastal and Silicon Valley investors with angels to fund the development of Midwestern startups.The $2.25 million Comeback Capital Fund was publicly announced and touted during a press event at the Youngstown Business Incubator on Oct. 16 led by U.S. Reps. Tim Ryan, D-Youngstown, and Ro Khanna, D-California. The fund is being led by managing partner Scott Shane, a professor at Case Western Reserve University's Weatherhead School of Management whose resume includes a decade with the North Coast Angel Fund.The purpose of the fund is to bridge the divide between coastal investors and Midwestern startups, pooling money from those regions with support from partners in Northeast Ohio, Southeast Michigan, Pittsburgh and Chicago, according to news release from YBI.Limited partners will be encouraged to invest alongside the fund itself to pump capital into those startups from across the U.S. … [Read more...] about Comeback Capital, a new venture capital fund targeting Midwestern startups, is unveiled in Youngstown
How venture capital make money
Dileep Rao financed the growth of more than 450 companies and real estate projects in more than two decades as a financier. In his newly published book “Nothing Ventured, Everything Gained,” however, Rao sets out to demolish the “dominant myth” that building a giant company requires early stage venture capital. The Twin Cities-based Rao, a clinical professor of entrepreneurship at Florida International University and formerly with the University of Minnesota, contends that entrepreneurs who avoid or delay getting venture capital can retain control of their company and more of the wealth it creates. Rao, an entrepreneurial finance blogger for Forbes.com, bases his conclusion on interviews with hundred-million-dollar and billion-dollar entrepreneurs and analysis of the financial strategies of 85 of the latter. Entrepreneurs, Rao argues, need sales and financial-management skills and innovation and takeoff strategies to develop companies without VC. Rao, … [Read more...] about Former financier discusses why entrepreneurs don’t need venture capital
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Claire Ballentine New York Times August 13, 2018 NEW YORK — Online advertising companies have struggled for several years as Google and Facebook have solidified their grip on digital dollars, slowing revenue for others.Now, many ad tech companies and their investors are throwing up their hands.Venture capital money going into ad tech startups is falling sharply, helping to push a wave of consolidation. Financing reached a high of $2.92 billion in 2015, but this year it is on pace to be less than half that, according to CB Insights, a financial research firm. Advertisement The number of independent ad tech companies has fallen 21 percent since 2013, to 185 as of the second quarter of 2018, according to LUMA Partners, which analyzes digital media and marketing. Get Talking Points in your inbox: An afternoon recap of the day’s most important … [Read more...] about Venture capital for online ad firms falls as they struggle against Google, Facebook
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Funding your dream: How to sink your chances of venture capital money for your startup There's a ton of venture capital money out there, but finding the right business, the right founders and the right fit isn't always easy. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Nation's Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Rachel Layne, Special to USA TODAY Published 2:00 a.m. ET May 2, 2018 CLOSE Now is as good a time as any to get your business off the ground. Here's what to do - and what NOT to do - when courting your angel investor or venture capitalist. VPC CONNECT TWEET LINKEDIN COMMENT EMAIL MORE There's a lot of venture capital money out … [Read more...] about Funding your dream: How to sink your chances of venture capital money for your startup
In just a matter of a few months, hundreds of dockless bicycles and scooters have appeared on the streets and sidewalks of San Diego.Some have praised them as effective ways to get around town and reduce traffic congestion. Others have complained they clutter sidewalks and that too many riders don’t follow the rules of the road, posing safety hazards to pedestrians.But from a business perspective, the nascent industry raises a basic economic question: How do these companies expect to make a profit?By last count, there are at least five dockless bike and scooter companies operating on San Diego streets and campuses and they offer their services at a deep discount.Bike users can expect to pay just $1 per 30 minutes. Electric scooter company Bird charges $1 to start each ride and 15 cents per minute from there.While that’s great for consumers, can these companies make any money at such prices?The firms say their costs are low and economies of scale help them slash the price of … [Read more...] about How can dockless bike and scooter companies make money?