Venture capitalists are increasingly looking for established companies to invest in, the “New York Times” reported. For the first half of 2006, 46 percent of first-time venture investments went into established companies – three years or older, and with established revenue streams – up from 30 percent in 1995, according to the National Venture Capital […]
On Tuesday July 25th, the New York chapter of SCORE, Counselors to America’s Small Business, presented awards to the founders of six successful small businesses: Lisa and Felix Hendrickson of Hendrickson Custom Cabinetry, Peggy Levee of Rain or Shine (tent rental), Caylin Sanders of EscapeMaker.com, the founder of The Pink Slip, Carl Broady of Urban […]
Since its start-up in February, 2006, San Francisco-based Prosper Marketplace Inc. has brokered more than 1,800 loans between individuals, totaling about $7.7 million, the “Wall Street Journal” reported in its 7/24/2006 issue. The company says the proportion of lenders to borrowers has exceed their initial expectations. Lenders are being attracted by interest rates as high […]
Kiva.Org was started as an experiment by Stanford Business School students Matt Flannery and Jessica Flannery after they traveled to East Africa to review projects for the microlender Village Enterprise Fund. As reported by “Business Week’s” July 31, 2006 issue Kiva has made virtual neighbors out of strangers half a world apart, and facilitated 450 […]
Web-based retailers tripled their marketing spending as percentage of revenue, to 18% in 2005, from 6% in 2004 according to a report by market research firm Forrester Research and Shop.org, the “Wall Street Journal” reported on 6/19/2006. The increase was driven in part by competition from traditional “multi-channel” merchants according to the report. Of course, […]
Enterprise Bancorp, a $55 million company based in Lowell, MA saw its audit costs increase by 100 percent, from $140,000 to $280,000, the first year it was public, CFO Jim Marcotte told the “Boston Business Journal.” Enterprise Bancorp’s experience is consistent with that of other small business companies, which is why the Greater Boston Chamber […]
David@RudofskyAssociates.com
Phone: 1-914-216-3566
Based in New York City. Doing business nationally.
