BetFair chairman Ed Wray: “-Too many hurdles in the way of enterprise”-.
Wray refers to a tax incentive that he and Black used to launch Betfair after they were forced to go to friends and family for funds, having failed to raise capital from institutional investors.
“-That was very useful in terms of getting the business off the ground. Everything I see now is about cutting back on those opportunities.”-
Don’-t we put too much into the “-serial entrepreneur”- myth?
#1. The founder of RedFin believes that serial entrepreneurs are likely to do worse, not better, than start-up newbies. Guy Kawasaki agrees.
#2. Google’-s Melissa Mayer was on CNBC to talk about the You’-Re The VC website.