Now may be a good time for startup owners in Colorado to seek venture capital as a source of funding. The Silicon Valley Venture Capitalist Confidence Index for the third quarter of 2016 showed that venture investors are very confident right now. Confidence among venture capitalists has risen by 8 percent since the last index, the largest increase that has been seen since the beginning of 2012.
For many people, one of the most difficult aspects of starting a new business is raising capital. You may have a great idea and a solid work ethic. But without funding, you might never have the chance to implement your business plan.
In September, we wrote about the fact that the world of venture capital tends to have a diversity problem. The entrepreneurs most likely to receive funding are both white and male. The bias against women and minorities might not be intentional, but it is nonetheless a serious problem.
Now is a great time for female business owners to take their companies to the next level. In fact, the Denver Business Journal recently reported that Colorado’s number of women-owned middle market firms is slightly higher than the national average.
There are at least two things necessary to become a successful entrepreneur: A good idea and money to get it off the ground. There is no shortage of good ideas among enterprising Americans, but it can be difficult for many start-ups to get access to seed money.
If you are just starting out in business or are ready to expand your existing business, lack of capital may be the only thing standing in your way. If your business is considered high-risk, you have probably already been turned down for conventional business financing such as loans from banks.
The last quarter of 2014 saw the most venture capital deals Colorado has seen in 13 years, the Denver Business Journal reported last month. The state registered $342 million in venture capital deals, making it the best quarter since 2001, a spokesman from PricewaterhouseCooper's Denver office said.
When it comes to startups, it seems like some entrepreneurs have all the luck. While certain startups have more investment capital than they know what to do with, others just barely scrape by, and in some cases, fizzle out.
In past posts, we have discussed how the Denver area has become a hotspot for venture capital. Now a newly-released survey by Morgan Stanley Wealth Management suggests that the future of venture capital could also be bright for the sunny city of Denver.
It’s no wonder that investors from all over the country are looking for Colorado businesses to invest money in. According to a recent ranking by the national business and technology news website Business Insider, Colorado has the best economy in the nation.