The Wall Street Journal blogs frequently report on the VC industry and their recent entry, Start-Up CEOs Gripe About VCs' Lack Of Operating Experience, caught my eye. I have sat on close to a dozen small business boards and agree that directors without real experience bring little to the table.…
The other day we learned of renewed efforts promised by the Obama Administration to stimulate small business.This week, they announced some plans to sweeten guaranteed loan programs. The administration is allowing a few weeks for comments before finalizing these details.The SBA will raise loan limits from $2m to $5MLocal banks…
Despite all the recent publicity about the SBA's "helping hand" to small business, recent reports tell another story. Loan volume in dollars is down $3.6 billion, around 27%, and 25,000 fewer businesses have been served this year. Pretty woeful record when programs to support Wall St. and the banking industry…