Only .08% of Businesses Are Venture Backed?
April 1st, 2008Part 8 of CEOs Dinner…
Just to follow up to the stat we released earlier this morning (where less than 15% of the Inc 500 fastest growing companies actually take outside funding), here’s another stat from the same angel investor (I told you he was chalk full of stats) that will knock your socks off!
Out of 19 Million small businesses, can you believe that only 15,000 are venture backed!?
So, again, if you’re looking for outside venture…
A) Now you know how hard it is
b) You also know that MANY are doing without it (actually an eclipsing majority are)…
I guess these “dinners” and “networking” really does work - I never knew all this!
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