In an article yesterday, the Wall Street Journal reported that funding for startups is more plentiful than it was a year ago, but still is hard to come by (Start-Ups Chase Cash as Funds Trickle Back).
Among the phenomena discussed:
- Angel investment groups that want to see profitability before they invest
- Reduced availability of funds from home-equity and retirement-account loans because of lower? asset values
- Dedication of additional money to protect existing investments rather than to start new investments
- Availability of venture capital only if a company has a product or customers
Related post: Realistic Financing Options for Startup Companies
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