As venture capital and private equity continue to make news headlines, some entrepreneurs may find it challenging to distinguish fact from fiction. Republican presidential candidate Mitt Romneyfailed to clarify what he did at Bain Capital and further obscured the reputation of venture capitalists and private equity investors alike.
In meeting face to face with an average of 500 entrepreneurs each year I keep hearing the same question again and again: Why is every private equity fund with which we meet trying to take advantage of us?
There are indeed some real predators out there looking for an opportunity to take advantage of someone in need of financial backing; however, I don’t believe there are as many sharks as the financial press would have you believe.
For More: http://www.cnbc.com/id/46296918