FEATURE
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Kauffman: 2010 State of Entrepreneurship Address
January 20, 2010 | Kauffman Foundation
Carl Schramm, president and CEO of the Ewing Marion Kauffman Foundation, unveiled a new survey of entrepreneurs, commissioned by the Kauffman Foundation and conducted by Douglas Schoen, LLC that shows entrepreneurs are optimistic about their companies but are struggling to expand and create jobs in the current economy.
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MoreLIP: The Numbers Shrink, But the Pecking Order Remains
George Lipper, Editor
While 2009 recorded a significant drop (37%) in overall venture funding, the pain was at least widely shared. Money Tree's just-released numbers largely confirm that the major players, still led by California, did fewer new deals -- likely stockpiling cash for existing potential portfolio firms. A more encouraging statistic lies in the share of funds drawn to the seed and startup category -- more than 18% of the deals and 19% of the money. That's about triple what was reported during the mid-years of the Aughts. It's relative, but, a relative like your favorite uncle.
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