3 ms·
Folks seem to be constantly confusing the Seed stage of the Risk Investng industry with the traditional VC stage. They are differnt. The point for this convers
by edahan 18y ago
Folks seem to be constantly confusing the Seed stage of the Risk Investng industry with the traditional VC stage. They are differnt.
The point for this conversation is that the VC stage does not create jobs or innovate. The VC stage provides growth money, business development contacts and a network for team building.
Innovation and initial job creation (which is then expanded upon during the VC stage) is created during the Seed stage.
Please review the powerpoint - The START Fund - http://www.slideshare.net/ElliottDahan/start-fund-feb2009 http://www.slideshare.net/ElliottDahan/start-fund-feb2009
Please review interview from VC Experts - http://vcexperts.com/vce/news/buzz/archive_view.asp?id=642 http://vcexperts.com/vce/news/buzz/archive_view.asp?id=642
And - the last thing anyone should hope for is having the People's money go to VCs. Scary thought.
The People's money is already helping to support a good Seed Infrastructure of Incubators, Academia, Tech Transfers and Economic Development Agencies. The People's money should continue to go to the Seed Infrastructure.
Private money should go to investing in worthy portfolio companies of this existing Seed Infrastruct5ure. And, this private money should be investing on a For Profit basis