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Wednesday, August 25, 2010

The new Inc 500 is out - VCs are not in

From this year Inc 500 top fastest growing companies data: where did entrepreneurs get the money to get started?
- 87% personal savings
- 26% friends and family
- 23% angel investors
- 22% credit cards
- 18% bank loans

VCs did not make the list. Their successes are well advertised, but they are not really where entrepreneurs get the help.
Something worth keeping in mind when you are considering starting your own venture!