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Old 11-18-2009, 11:14 PM  
DaddyHalbucks
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Join Date: Feb 2004
Location: Las Vegas, Nevada USA
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UNH did a study approx. 10 years ago.

They found that 95% of all small cap (under $500k) deals were funded by friends and family.

They also found that institutions funded 95% of deals over $500k.
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