Harvard Business School professor William Sahlman believes that the most talented start-up management teams with good ideas have no problem getting capital these days.
But to reattain the level of start-up creation America enjoyed in the 1990s, at least two things need to happen: A company like Facebook needs to have an initial public offering that rises in price, and a new technology -- something on the order of the Internet -- needs to emerge and attract business capital investment.
In an interview this past week, Sahlman expressed confidence that there is no shortage of capital available for top-tier entrepreneurs who can field strong teams to go after big markets with good ideas. For those companies, both venture-capital firms and so-called "angel" investors will appear.
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