The reality is that most ventures do not qualify for venture capital and never will. According to the Small Business Administration, about 600,000 new businesses are started in the U.S. each year, and the number of startups funded by VCs was about 300. This means that the probability of an average new business getting VC is about 0.0005 (300/600,000), and it also means that 99.95 percent of entrepreneurs will not get VC at startup.
Why 99.95% Of Entrepreneurs Should Stop Wasting Time Seeking Venture Capital - Forbes
Posted by CateCosta under Raising CapitalFrom http://www.forbes.com 3612 days ago
Made Hot by: robinandy58 on July 8, 2014 6:45 pm
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