Entrepreneurs: How many truly need venture capital?
We’ve had the pleasure of getting to know Ted Zoller, Director of the Center for Entrepreneurial Studies and Associate Professor of Strategy and Entrepreneurship at UNC Chapel Hill. Ted is a 1987 William and Mary grad, and has been kind to include us in the UNC Soft Launch Program.
In a recent interview with the Triangle Business Journal, Ted talks about start-ups, venture capital and alternative financing. The article draws on numbers in The Triangle region, but correlations can be made to other markets where VC funding is less prevalent. In likening it to the search for the black swan, Zoller says that the endless focus on VC dollars could stifle a start-up.
“The entrepreneurs that I see as the real wealth creators … are people who don’t think about a big exit. They just think about their business.” Find the complete article here.