A Guy Walks Into A Bar...
Tuesday, April 27, 2010 at 5:19PM No, this isn't another story about that prototyped and hyped next gen phone. The guy that walked into the bar was Michael Ohrbach, of Cascadia Capital, an investment bank in Seattle. The bar was the Celtic Swell, and it just happens to be co-owned by Joleen Winther Hughes, whose Hughes Media Law Group sponsors a series of events there to support the local start-up community.
Ohrbach laid out a series of charts and graphs to show the trends in funding for new business ventures from before the "econolypse" through today, with a compelling case that angel and venture funds are flowing to fewer projects with rigorous business plans, "and not just to inventors with a good idea." He maintains the Internet is still a driver of investment capital, and validated the continuing love affair investors have with consumer technology.
Hughes Media Law Presents: Cascadia Capital - Venture Funding In Today's Market from Gearheadgal on Vimeo.
Innovation, entrepreneur, startup, venture capital in Tech