Venture Capital

The Midwest will become the nation's next "biotech hotbed," the leader of a West Coast venture capital firm said Wednesday, pointing to initiatives in Wisconsin and other states in the region....

Several years ago, while attending a conference on equity capital, the category of financing labeled "friends, family and fools" drew more than a few snickers from the participants. It turns out this "informal" source of capital, along with the entrepreneur's personal funds is nothing to...