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Financial Post, Tony Wanless
September 29, 2008
"Built to flip is not a dirty phrase or unnatural act," [Peters] says. "To succeed today, entrepreneurs must not only aspire to early exits, but design that objective into their corporate structures. It’s just not possible any more to take decades to build a company. Entrepreneurs, employees and investors just don't have the patience. Even if they did, their competitors don't." |
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Business Edge, Monte Stewart
November 24, 2005
"[Hellman's] UBC study also points to a ‘funding gap’ or ‘capital gap’ in venture capital markets... U.S. venture capitalists are managing much larger funds than they were a decade ago, but they only invest in firms that require $10 million or more, hampering companies that are too small for a $10-million investment but too big for angels and family and friends. ‘That funding gap should be called a funding opportunity,’ says Peters, adding smaller companies generate bigger returns on investment nine times out of 10." |