- Image by Steve Snodgrass via Flickr
Here’s something new for our listeners! Our guest for today, Randy Mitchell, Senior Advisor for Venture Capital and Entrepreneurship and Chairman of the OECD Working Party for Entrepreneurship in the US Department of Commerce, International Trade Administration, was glad to take our questions and give us solid answers. Once we got to talking, the discussion could have continued and continued. Luckily for us, Randy offered to join us again, at a future date to build on our discussion.
If you want a good insight into our future, we strongly urge you to listen to the Podcast!
More on Randy on his LinkedIn
Listen to the episode in the player below or on iTunes.
Here’s some great quotes from the episode:
“.. there is an old model that has worked extremely well, in the tune of a billion plus dollars. That’s billion with a B..”
“let us keep in mind that it is startups, it is new companies that are creating new jobs. The vast number of jobs created in United States are coming from these startup companies. So, if were doing anything to harm or impede startups getting going, then it is a very big issue.”
Here are the questions we posed:
- How do you see startup funding globally, what are the most important growth areas, and where are the biggest issues?
- Do you see any trends in global VC operations?
- What could the new models be to improve startup funding?
- How do institutional investors (e.g. LP’s) see the VC asset class nowadays?
- What role do you see institutions playing in supporting early phase startups?
- How recognized in the public/institutional sector, are these challenges in startup funding?
Tags: department of commerce, Entrepreneurship, lp, OECD, randy mitchell, vc, Venture capital
