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April 30, 2004 by Dane Carlson | 1 Comment

Boston Business Journal: “Recognize the odds. Entrepreneurs should recognize that venture financing is not always the answer to every funding question. In fact, the substantial majority of new ventures in the United States look to sources other than venture capital for startup funding. For example, of Inc. magazine’s list of 500 fastest-growing companies in 2003, approximately 2 percent cited venture capital as their source for startup funding and more than 70 percent were started with $100,000 or less. ”