SmallBusinessNewz

Business Plan Has Zero Value for Attracting VC Funding?

Here's some information that is likely to stir some debate. Researchers from the University of Maryland's Robert H. Smith School of Business are saying that business plans are virtually useless. They claim that a business plan has zero value as a fundraising tool and that entrepreneurs should be perfecting their businesses rather than spending hours refining how their plans look on paper.

VCs Trying to Pay for Legislation?

The ever-watchful eye of the American Small Business League (ASBL) has issued a press release today spreading awareness of the latest happenings in Venture Capital firms dealing with small business-related government entities.

The Free Model and Personal Experience

I’m so glad to see the Financial Times take a look at the biggest flaw with the "free" model that’s embraced the web: you can’t make money with it! “There is going to be a shake-out here in the next year or two” as many Web 2.0 companies disappear, said Roger Lee, a partner at Battery Ventures. Despite this, venture capital firms are still eager to throw money around…

Can Venture Capital Be More Like EC2 and S3?

I'm becoming an increasingly big fan of infrastructure services like Amazon's EC2 and S3. The reason is simple: You pay for what you need at around the time that you need it. This is the point I made when recently interviewed by Erica Naoone of MIT Technology Review in an article aptly and succinctly titled "Cheap Infrastructure".