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Article: VENTURE CAPITAL; Creating Wisconsin's future jobs
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- August 28, 2005
- Author:
CopyrightCopyright 2005 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Think of venture capital as a combination of milk money and those
quarters you shove into the slot machine. Without milk, young lads
don't grow into strapping lads. And if you don't gamble those
quarters, the jackpot is ever elusive.
In the world of venture capital, Wisconsin is a 98-pound weakling.
And, alas, the people willing to gamble on poor ol' Wisconsin have to
play the nickel slots.
The state should do more to attract venture capital by creating a
better entrepreneurial climate.
The casino analogy is not entirely apt with intelligently invested
venture capital, but the point is, there is risk involved. Venture