Despite
the lack of venture capital funding, millennials are a good investment, Coleman said.
Not exact matches
While roughly a third
of its portfolio companies are in St. Louis, the
fund also invests in startups located in places where founders face a similar
lack of access to
venture capital.
Canadian startups are enjoying more and bigger
venture capital deals (in the first quarter
of 2016,
venture capital investments reached $ 838 million, nearly double what they were for the same period the year before), but the VC community,
lacking size and versatility, is not keeping pace with their
funding needs.
Going against the Silicon Valley orthodoxy, the
venture capitalist has urged technology start - ups to go public as soon as they are able, instead
of continuing to take
venture capital funding: Taking on too much
venture funding, he has said, can fuel a
lack of discipline.