Tuesday, August 10, 2004
More Good News
From the Wall Street Journal:
Seed and early stage companies accounted for 36.8% of all companies funded in the second quarter, a level not seen since the nasty technology downturn began in the first quarter of 2001, according to the PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTree Survey set for release today.
Granted, we aren't in technology or medical, which seems to be where the most money is, but those people need to eat, right? They need coffee and pastries and good, healthy delicious bread while they work their computers and lab equipment.
They need what we offer.
So, why shouldn't venture capitalists invest in us, if they will invest in them? These companies are a market for us, and their success will make us successful (although they aren't our only market, we can and would succeed without them).
Heh.
So I'll bug Manager to write that 1 page venture investment proposal even harder.
Seed and early stage companies accounted for 36.8% of all companies funded in the second quarter, a level not seen since the nasty technology downturn began in the first quarter of 2001, according to the PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTree Survey set for release today.
Granted, we aren't in technology or medical, which seems to be where the most money is, but those people need to eat, right? They need coffee and pastries and good, healthy delicious bread while they work their computers and lab equipment.
They need what we offer.
So, why shouldn't venture capitalists invest in us, if they will invest in them? These companies are a market for us, and their success will make us successful (although they aren't our only market, we can and would succeed without them).
Heh.
So I'll bug Manager to write that 1 page venture investment proposal even harder.
