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Business
Venture capitalists say market hot for fundingPublished 02/14/08
Starry-eyed entrepreneurs, take note: Despite a downturn in the economy, local venture capital experts say there is plenty of startup cash lying around.
Photos by Katie Arcieri — The Capital
Robert Stuba, president of Max Endoscopy, which develops medical devices, presented the company’s pitch before investors at the Loews Annapolis Hotel last week.
"Standards are getting raised, but more money is going out than ever before," said Jack Biddle, co-founder of Novak Biddle Venture Partners, a Bethesda firm that invests in high-tech companies. "If you have a good idea and a good team you can raise money."
Indeed there is more money to be had. To that end, Annapolis area entrepreneurs interviewed this week shared their pet peeves and the common mistakes young firms make in the venture capital industry. Expert say...
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