I often get asked about the venture financing process by entrepreneurs who are seeking venture funding for their companies. And the thing that I always emphasize is that venture financing IS NOT for everyone. Depending on the entrepreneur and the stage of the business, sources of financing can include family, friends, banks, angel investors, vendors, customers, strategic partners, venture debt […]
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“We hold these truths to be self-evident” — well maybe in the case of the US Declaration of Independence, but not necessarily in the case of what it takes to start, build and scale-up companies to reach critical mass. Why is it that in most cases, that entrepreneurs that found companies rarely make the transformation into being the CEOs that grow the enterprises to critical mass? Or that so many start-ups fail, after tremendous initial growth? After going