|
|
 |
| |
19941 |
19971 |
19991 |
20001 |
20021 |
20071 |
20072 |
Personal Assets |
71% |
79% |
89% |
92% |
87% |
81.6% |
79% |
Family or Friends |
39% |
23% |
21% |
33% |
19% |
21.6% |
19% |
Employees / Partners |
19% |
14% |
12% |
36%3 |
28%3 |
|
|
Mortgaged Property |
8% |
4% |
|
|
|
|
|
Credit Cards |
8% |
10% |
|
|
|
|
12% |
Bank Loans |
22% |
7% |
|
|
|
17.7% |
14% |
Venture Capital |
13% |
3% |
|
|
|
7.6% |
3% |
Informal VC / Private Investors |
13% |
5% |
|
|
|
|
16% |
Other |
9% |
8% |
4%4 |
6%4 |
7%4 |
17.5% |
23% |
| |
|
|
|
|
|
|
|
1 % of companies using this type of financing - Sources: Inc.
Magazine The Inc. 500: (inc.com) [2007 - Inc. 5,000] |
2 Entrepreneur.com Hot 100 |
3 personal assets of other co-founders |
4 strategic partners and customers |
5 line of credit |
|
|
|
| |
INC. 500 |
| |
1992 |
1994 |
2000 |
2002 |
|
<$5,000 |
25.6% |
22% |
|
|
|
<$10,000 |
|
|
42% |
41% |
|
<$20,000 |
|
|
58% |
51% |
|
<$50,000 |
59.2% |
55% |
68% |
66% |
|
<$100,000 |
74.8% |
|
79% |
78% |
|
Source: Inc. Magazine {Special Issue}The Inc. 500: The Fastest-Growing Growing Private Companies and www.inc.com |
|
|
|
|
|
|
REFERRAL SOURCES FOR DEALS OF ANGELS |
| |
Frequent |
Occasional |
Never |
Business Associates |
62 |
37 |
18 |
Friends |
59 |
44 |
15 |
Active Personal Search |
46 |
29 |
36 |
Investment Bankers |
17 |
28 |
66 |
Business Brokers |
12 |
36 |
62 |
Commercial Bankers |
9 |
30 |
68 |
Other |
7 |
5 |
46 |
Attorneys |
3 |
50 |
55 |
Accountants |
2 |
41 |
66 |
| |
|
|
|
Source: W.E. Wetzel, Jr., Venture Capital Network, Inc.: an Experiment in Capital Formation. Proceedings 1984 Conference on Entrepreneurship, April
1984, p.114 |
|
|
|
