Tech Czar Talk: ‘All good deals find money’ is a challenge for Cleveland tech companies

Story excerpt provided by The Plain Dealer.

Written by  Michael C. DeAloia.

Recent headlines make entrepreneurship look so easy. Cleveland seems to be gaining national attention as a good place to find attractive investment opportunities. But as many entrepreneurs know, it is the ultimate challenge to secure the necessary capital to grow his or her business. When I worked at National City Venture Capital many moons ago there was an adage I learned, “All good deals find money.”

Securing capital is a thankless, bewildering and at times unforgiving task. Perhaps, the most humbling exercise one will have endeavor in the business world. If you are successful, it is a right of passage to yet more money. And if you fail, it feels as if you have a scarlet letter stitched to your suit.

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Originally published February 15, 2015.

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