A New Model of Venture Capitalist

Small business owners in search of funding for start-up and/or expansion have in recent months been out-of-luck due to the recent banking crisis and the resulting economic challenges.  While it’s never been easy for a small business to gain access to bank loans, in recent months it has become virtually impossible.  This situation has forced small businesses to seek out alternative means of financing – one of those often sought out is venture capital.

However, even the venture capitalists are being forced to adapt to this new economy and small business environment.  A recent story in the Wall Street Journal details a new business model being employed by a venture capital firm that was an early backer of Facebook, Napster, Plaxo, and Causes.  This new business model includes the participation of a group of Silicon Valley heavyweights such as former Yahoo chief executive Terry Semel, LinkedIn co-founder Reid Hoffman, Facebook Chief Executive Mark Zuckerberg, and Michael Arrington, founder of industry Web site TechCrunch.

Read the whole story HERE.

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One Response to “A New Model of Venture Capitalist”

  1. Posts about Michael Arrington as of April 16, 2009 » The Daily Parr Says:

    […] about Michael Arrington as of April 16, 2009 A New Model of Venture Capitalist – strategicmktgconcepts.wordpress.com 04/16/2009 Small business owners in search of funding for […]


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