December 17, 2008 9:03 AM EST
I have read that venture funding may be harder to come by with the economy the way it is right now. Does anyone have any information into this subject? I am not talking about smaller funding but funding of 250k and higher.
Anyone get funding recently that can prove otherwise?
Having been through several cycles (no one quite like the other) what I will say is that good opportunities can acquire capital. As Mark indicated, the due diligence may be more "in depth" and may take longer.
There is a lot of cash "out there" right now. One possible plus is that there may be less "noise" competing for the attention of capital sources.
So as always - if one has a solid situation, presents it well to the right people - I believe they can successfully acquire the capital.
robertj12/17/2008 3:04 PM
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