Muhammad Yunus and his Grameen Bank won a Nobel Peace Prize for their development of microlending.
For Silicon Valley’s entrepreneurial culture to thrive, we need to create a sort of microequity program for start-ups.
Originally, of course, this is what venture capitalism was about. In recent years, venture capitalists have amassed huge war chests, raising funds that in some cases approach $1 billion. Even so, the number of people in most venture partnerships has stayed relatively modest. You don’t have to do much math to realize that such firms are forced to make bigger and bigger investments to generate adequate returns for their limited partners.>>> READ MORE at: