The financing of a startup is perhaps unique in that it can be a distracting nuisance, while at the same time it is a fundamentally important enabler of success.
Bellevue, Wash. (PRWEB) May 11, 2010
In keeping with the company's support of entrepreneurism, Intelius - a leading information commerce company that empowers consumers and businesses with information to make intelligent decisions about personal safety and security - has announced it is sponsoring MIT Enterprise Forum of the Northwest's "To VC or Not to VC? Growing and Financing Your Company Through Challenging Times" special event at Meydenbauer Center in Bellevue, Washington, on May 12.
While many emerging companies seek venture capital firms to support their big ideas, startups are increasingly weighing the advantages and disadvantages of VC money and electing alternative financing routes. At the MIT Enterprise Forum's event, today's top business leaders will share their stories from the trenches and answer questions about financing startups. Presenters include Chase Franklin (moderator), CEO of Daptiv; Jonathan Sposato, CEO of Picnik; Mark Ashida, Managing Director of OVP Venture Partners; David Berry, Partner at Flagship Ventures; and Michael Butler, Chairman and CEO of Cascadia Capital.
"As a startup CEO, funding is always the X-factor. Raise money now, or later. Raise more, or less. Raise it from what type of investor. And of course, the process is never distinct from the other strategic and operational priorities of the business," said Chase Franklin, CEO of Daptiv and panel moderator. "The financing of a startup is perhaps unique in that it can be a distracting nuisance, while at the same time it is a fundamentally important enabler of success."
"Our country's future economic vitality depends on the energy and creativity of startups, who can benefit greatly from hearing insights from other successful business leaders," added Naveen Jain, CEO of Intelius. "Intelius is committed to fostering advancement and idea-sharing between current business leaders and the leaders of tomorrow for the betterment of the broader community."
MIT Enterprise Forum is a not-for-profit public service organization that promotes and strengthens the process of starting and growing companies that primarily have a strong technology orientation by providing services that educate, entertain and inform entrepreneurs and the entrepreneurial community.
For more information about Intelius, please visit http://www.intelius.com.
A pioneer in the world of information commerce, Intelius (http://www.intelius.com) is a technological powerhouse whose services range from basic people search to comprehensive background checks for consumers and FCRA compliant employment background screens. The company also offers an award-winning identity theft protection service (IDProtect). Founded in January 2003, the company has served over 10 million customers and has just over 300 employees. Intelius has been ranked by Inc. magazine and Deloitte & Touche as one of the Fastest Growing Private Companies. Intelius has been voted as one of the best places to work by CEO magazine and Puget Sound Business Journal, based on the interviews with its employees. Intelius was also ranked as a top employment screening provider in surveys conducted by industry publications, HRO Today and Workforce Management magazine.
ABOUT MIT ENTERPRISE FORUM
MIT Enterprise Forum is a not-for-profit public service organization founded in 1978. The Enterprise Forum promotes and strengthens the process of starting and growing companies that primarily have a strong technology orientation by providing services that educate, entertain and inform entrepreneurs and the entrepreneurial community.
For more information, please explore our website or view the Enterprise Forum's newsletter Forum Focus at http://enterpriseforum.mit.edu/.
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