Category Archives: Selected News



How to Determine What Type of Investor Is Right for Your Business

In Inc. Magazine
By Tim Chaves, founder and CEO of ZipBooks.

As founder of an accounting software startup, I’ve raised over $2 million in venture capital funding to get my company off the ground. And that’s not unique: If you’re selling goods, you need inventory; if you’re selling software, you have to build it. But doing that costs money — there’s usually some period of losses long before you begin to see profits. Someone has to be willing to take those losses, but who would be willing to throw money at a project that’s intentionally losing money?

For the entire article go to:

http://www.inc.com/young-entrepreneur-council/how-to-determine-what-type-of-investor-is-right-for-your- business.html



BATTERED GREEK ECONOMY EXPANDS MILDLY IN APRIL-JUNE

ATHENS, Greece (AP) — Greece’s battered economy expanded by a quarterly rate of 0.2 percent in the April-June period, despite a small decline in consumer spending and exports.

The figure released by the country’s statistical authority Monday was slightly lower than its initial estimate, earlier this month, of 0.3 percent growth.

Greece’s economy has shrunk by about 25 percent since the debt crisis broke out in 2009. The country is being kept afloat by international bailouts, issued on condition of successive spending cuts and reforms.

The left-led government will enter a new round of talks with its creditors next month on the course of its budget austerity program.

Posted on August 29, 2016 on Associated Press web site
http://bit.ly/2bMBiSP