Times are a changing in venture capital, industry expert says

Some people may be surprised to learn there is a venture capital industry that specializes in providing financing to fledgling companies.

Financing start-up companies isn’t for the faint of heart. Those involved in the venture capital business must be on their toes.

Veteran venture capitalist, Mike Grandinetti, managing director of Southboro Capital LLC of Boston, says the venture capital industry, which started in Boston in the mid-1950s, is now undergoing major adjustments.

Part of the change has been brought about by the recent economic recession but the industry has gone through lots of economic cycles before and survived. This time, the more significant change, is "a structural issue," he says.

To read the full, original article click on this link: Times are a changing in venture capital, industry expert says - Business - TheChronicleHerald.ca

Author: ROGER TAYLOR