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Posted at 4:06 PM on Tue 12 July 2011
It's interesting that the economic development community, including most VC's and angel investors, are focused on long-term common categories, including nanotechnology, medical devices, IT, advanced materials, bio-tech and health care. There is zero interest in retail-- although the fastest way to return investment is to ensure sufficient cash flow via sales that happens in the current timeframe, not in 5-10 years. What have been your experience with funding conversations from the leaders in economic development?