How funding works: So startups are abandoning venture capital. Why?
Nick Douglas · 11/09/06 02:33PMAn insightful article on "startups on a shoestring" in the New York Times covers the rise of companies running on angel investors, loans, or even credit cards. It's a switch from the more famous method of raising piles of venture capital from a firm. But what does that mean? It means startup founders get to keep more of their money and power.