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Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest.

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Think Your Start-up Is Venture Worthy? Think Again.

techcrunch.com

Especially since even Youtube is still struggling to try find a viable business model. One independent expert on the VC industry told me recently that there really is no “venture capital” today, only “continuation capital. Pepperdine Business Press Room – Graziadio School PR [.] dasein Yeah, I agree.