Hi Willcousa, The point in my post, was the plan does not target growth for small businesses, which is unusual given that SBs are powerful engines for growth generation.
And was the article saying his plan would grow GDP by 50B truly accurate? CA's deficit is 34B. 50B seems incredibly small. Was this a typo? 1,666 new SBs could possibly increase the GDP better than that and that's the other point of my post. (I noticed no one answered the question I posed in that post.)
I didn't see much in the plan for SB other than the 50k, but I don't see that as generating growth for SBs. The thing that generates growth fastest, is simply more customers and acceleration of that process by capital.
But Bush didn't target capital. Nowhere did he give Angels or VCs any type of 8% cap tax adjustment to ease the industry's VCs IRR pains or increase Angel incentive.
If Bush wants growth, go to the heart of its generation: at the VC & Angel phase. Create a 8% cap tax on any capital injections made over the next one year or two to jump start investments into businesses. I know that would encourage me to make the jump to be an Angel investor into a startup that's other than ours, rather than waiting. Valuations have pretty much settled down and overall people seem to believe Q4 was the bottom of at least the seed, A & B series rounds, but we all could use an extra incentive to get the ball rolling. While the Limiteds have been screaming since October at the VCs to get a move on it and put their money to work, setting aside the recent uptick, overall the industry has been somewhat in a holding pattern, in part due to Iraq situation and also a desire to watch valuation trends that were trending down in the industry but appear to have bottomed and possibly modestly reversed in Q4 for the better. (Side note: many here believe the Nasdaq will follow this potential trend, using old metrics, by a year, but by today's metrics? Who knows.)
I've read articles on the plan. Do you have a link to plan in its entirety?
Regards,
Amy J |
