Home 2011 January

Can a web-raise legally replace Angels and VCs?

Want to raise $50k for your start-up? There’s a site for that. I had thought there were laws about raising money from the general public, but social media fora may have begun the trend of undermining the role of regulators. According to the Wall Street Journal last month, there are at least four sites that

 
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Ember sees 300% revenue growth

Sometimes the job really is as easy as Kamal believes. We’ve got our quarterly credit committee meeting this morning, which gives our team and external Credit Committee members the chance to pour over the financials for our raft of current portfolio companies. One name I’m particularly confident about is Boston-based Ember, a provider of low-power

 
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On the wings of Angels

If you are an entrepreneur holding out hope for a magic bullet in the upcoming Provincial budget, the news will likely be mixed when all is said and done. Ontario Research & Innovation Minister Glen Murray has done a fabulous job of reaching out to his many stakeholders since his appointment last year. With that

 
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Venture Capital is about not making entrepreneurs cry

Win or lose, you shouldn’t get rattled in business. No company has ever succeeded if they wallow in self pity after a setback. But I think I just experienced the heartbreak of the month Imagine yourself getting a haircut. Brookfield Place barber asks: “what do you do for a living?” I answer: “our firm backs

 
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Give Flaherty credit on mortgage changes

I don’t think he has time to follow the blogs, but Finance Minister Jim Flaherty deserves credit for listening nonetheless. Reducing the amortization periods for mortgages (see prior post “Canada’s housing bubble – time to take away the punch bowl” Dec 23-09), with a particular focus on disuading homebuyers from acquiring their home with a

 
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