Community Financing Breathes Life into a New U.S. Manufacturing Firm
Harvard Business Review
FEBRUARY 24, 2012
Seed-stage financing for technology start-ups fell from 16% of total annual private equity investment in 1995 to just 1% in 2002 and recovered to only 4% in 2011, according to data compiled by PriceWaterhouseCoopers and the National Venture Capital Association. The result has been the loss of millions of U.S. manufacturing jobs.
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