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Entrepreneurs in the Cloud

Technology entrepreneurs explore cloud computing as a startup resource and a scalable business by Steven Craig You’re a budding entrepreneur. You’ve got an idea that will fundamentally change your industry. Although you’ve done your research and discovered your customers, investors won’t look at your business plan. Your product isn’t proven, your bankroll is limited and you have to move fast. As you ponder your dilemma, you fortuitously see a television commercial for Microsoft… “To the Cloud,” it proclaims. But what is the cloud and why should you go there? Further, can you even take your fledgling business to the cloud…

Venture Capital: Current Challenges and Future Directions

As venture capital sources slow their investments, experts see new models emerging to help fill the gap in funding by John Douglas, M.D. & Marc Hermsmeyer Venture capital is a type of financing for new companies with high growth potential that is considered the economic lifeblood of technological development. This financing is one of the driving forces behind California’s economy. Companies supported by venture capital in California employ roughly 4 million people per year and produce revenues close to $1 trillion,1 accounting for more than half the state’s gross product.2 Venture capital firms generally receive returns on their investments when…