To Lane, this illustrated a failure of the private market to sustain an enterprise as ambitious and as expensive as a New World colony — a sophisticated venture-capital strategy wasn't enough.
One major surprise with the first cohort is that the founders were much more sophisticated about venture capital dynamics than expected.
"I'm passionate about building my business," said Mr. Robinson, who wants the challenge of working on sophisticated business ventures.
No matter how sophisticated they are, venture is too illiquid.
But it's also a reflection of how more sophisticated investors like venture capital groups are getting involved with seed financing and they're saying — 'This is how we do it.'".
The legislation capitalized on the idea that crowd-funding could help boost the economy by kickstarting investments in small, innovative and risky companies that are normally open only to sophisticated investors like venture capitalists. .
Perhaps they also appreciate the modest workload, since Concord's application form asks students, "Are you willing to devote 2.5 hours a day to achieve your goals?" The most intriguing, and easily the most sophisticated, of the ventures offering online professional education is UNext.com.
Investors that are deemed "sophisticated investors" can make venture capital and private equity investments in these areas.
In her primary practice area of business transactions, her tax advice has saved clients millions of tax dollars with sophisticated acquisition and job venture structures.
