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Article: The start-up blues. (entrepreneurs, banks and venture capital companies)

Article from:
The Washington Monthly
Article date:
January 1, 1989
Author:
Copyright

You thought banks and venture capital firms help entrepreneurs launch their businesses. Guess again.

Jeremy Schlosberg is a New York writer

They're out there. Right now. Opportunities. The kind that can make you independent, rich, or both.

-BusinessWeek

It's not any secret that running a new business is rough going. The hours. The sweat. The risk. But what's less well understood are the incredible battles entrepreneurs must fight just to open for business-never mind face the competition. Like Walter Payton, they must weave past those institutions that are supposed to help. Venture capitalists who sneer. Bankers who smile ...

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