Venture capitalists, athletes team for investment

Article Abstract:

Venture capitalists and athletes are teaming up to launch investment funds and Internet projects. Athletes are being enticed to join investment funds for their marketing power which could help boost startup companies in the sports entertainment, fitness and sporting-goods industries. Some of the investments funds that team up financiers and superstar athletes and celebrities include Digital Media, Champion Ventures and IMG Chase Sports Capital Partners.

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Venture capital pumps start-ups to unstable heights

Article Abstract:

The `new economy,' so-called because of the proliferation of high- technology start-up firms, can partly be attributed to the role of venture capital companies. These firms have been responsible for lending needed funds to new business enterprises. However, many of the start-ups do not generate profits. Hence, their initial public offerings are often flops, which shakes the market and turns off investors.

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Online investment start-up gives 'little guys' chance at big wealth

Article Abstract:

Start-up online investment firm meVC.com has announced its plan to run a $500-million venture capital fund backed by financier Timothy Draper and venture capital firm Draper Fisher Jurvetson. The meVC/Draper Fisher Jurvertson Fund I requires potential investors to have a an annual income of $50,000 and a net worth of $150,000. The minimum investment is $5,000.

meVC.com

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