The venture capital industry continues to correct itself as it comes out from under a bubble created at the turn of the 21st Century.
Scott Shane is A. Malachi Mixon III, Professor of Entrepreneurial Studies at Case Western Reserve University. He is the author of nine books, including:
He is the Editor of the Small Business Research Center at Small Business Trends.
He is also a member of the Northcoast Angel Fund in the Cleveland area. You can reach him at Scott “dot” shane “at” Case “dot” edu.
Startup investors are welcoming news that early stage valuations on these backed companies was downgraded to an average of $16 million at the end of last year.Mar 14, 2016 184 Shares
New data shows that companies backed by angel investors were, in 2014, receiving a little more than half the money they had been receiving more than a decade earlier.Mar 7, 2016 83 Shares
Lots of good ideas come out of universities but teams of students aren't really complete unless they have someone with an engineering background on board.Feb 29, 2016 76 Shares
You might think in a world of social media and mobile marketing that the humble had lost its luster. Not so. Among small businesses we are told the medium still has its benefits and can be quite profitable. So what technology could you use to make it even more so?Feb 22, 2016 291 Shares
If you're into barnyard metaphors, then you should understand that the pigs -- with their hunger -- will help your startup grow a lot faster than the chickens.Feb 15, 2016 106 Shares
Does Seattle's proposed minimum wage hike adversely hurt franchise businesses more than others? Not necessarily. Having a plan to combat the wage hike to maintain profits probably makes the better prepared than an independent business.Feb 8, 2016 164 Shares
If youi're in a group of startups about to demo their product or service to investors, is it best to go first, last, or somewhere in the middle. New data on who is going to be more successful may surprise you.Feb 1, 2016 81 Shares
New Census data shows that the rate of failure of America's small businesses is in a long-term decline.Jan 25, 2016 287 Shares
The average American small business is getting smaller. That's what new data from the Census shows. Since 2007, the average company has gotten smaller and seen less sales annually.Jan 18, 2016 197 Shares
Early-stage angel investors tend to invest in companies they can reach by car in less than half of a day. But today, some investors with similar interests or backgrounds are banding together to back early startups together.Jan 11, 2016 267 Shares
Venture capitalists may not be the biggest fans of Prince but they're sure hoping for a return to the days of 1999.Jan 4, 2016 187 Shares