No Venture Capital Needed, or Wanted
Highlights Dana Ehrlich T'05, founder and CEO of the grass-fed beef company Verde Farms, in an article about successful startups that have been growing and expanding without the help of investors or venture capitalists. Ehrlich used $100,000 from savings and student loans to secure debt financing. The New York Times writes that the company, “Sold 10.1 million pounds of grass-fed beef in 2015, up from 240,000 pounds in 2008. Sales, which totaled $665,000 in 2008, surged to $7 million in 2009 and more than $50 million in 2015.”
Jun 03, 2016