Let's Have Some Funds!
Two women entrepreneurs sound off on the ups and downs of finding VC funding.
In this economy, is VC funding still available for business owners with solid ideas, strong teams and viable business models? Yes, according to the following two entrepreneurs; but finding it is sometimes tricky.
"Our first institutional round of $3 million came from three institutional funds and several angel investors," says Shoba Purushothaman, CEO of The NewsMarket Inc ., a Web-based broadcast-news distribution service based in New York City. Purushothaman located the institutional investors by participating in the Springboard Venture Forum, an event that brings women business owners and investors together.
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