Raising Private Capital–Powerpoint from Invest Nebraska

When entrepreneurs post business summaries on FundingUtah.com, I want them to be able to list what stage they are at in their companies development. So I needed to find out how the industry categorizes companies that are seeking financing.

I found a great powerpoint from InvestNebraska.com that outlines the types of private equity that are available for entrepreneurs.

I was disappointed to be reminded about how little venture capital flows into seed stage companies. The data shows that in 2003, venture capital went into companies as follows:

  • Startup/Seed Stage, 2%
  • Early Stage, 18%
  • Expansion Stage, 55%
  • Later Stage, 25%

Of course, seed stage companies need relatively little capital while later stage companies need very large rounds.

EContent Magazine

Last night I read the latest issue of EContent magazine, one of those underrated and little known publications that always has a treasure trove of information about content businesses. From my days studying library science I acquired an interest in certain magazines that no one else I know seems to know about. I highly recommend this one.

Here are the topics I need to learn more about:

Best Online Contest in a Long Time

LogoWorks, a fast growing Utah company that just hired one of my friends as VP Marketing, has launched what I think is one of the best and most clever marketing campaigns I've seen in a long time. In conjunction with Entrepreneur magazine, they are trying to find the Ugliest Logo in America. Everyone who enters the contest is a perfect potential customer for the company.

LogoWorks has one of the most innovative, internet-enabled business models I've seen, and mark my words, they are going places.