CLE-based startups are attracting venture capital in record amounts
hiVelocity: Recently, venture capitalists’ interest in Northeast Ohio startups has grown dramatically, but challenges still exist. “What’s happened after the ’08 recession is that bigger companies are saying to startups, ‘Prove that people want this,’” said Michael Goldberg, adjunct professor of banking and finance. “Startups have to raise more money to build out sales teams and show customer adoption.”