November 1, 2016
Engaging with our community – Kavin Lam (’18) and Eddy Medina (’17) with Edi
Kavin Lam (’18) and Eddy Medina (’17) talk about their community-driven financial impact start-up Edi. Read more to learn how they’re using algorithms to work with low income households to develop investment ideas for them.
March 23, 2016
The Importance of Investment
In 2014, the number of new enterprises joining the United States economy skyrocketed by roughly 11% relative to the previous year. In other words, approximately 569,000 aspiring entrepreneurs had their “ah-ha” business moment in 2014.
While this dramatic increase reveals promising signs for the U.S. economy, it triggers a quintessential problem posed by the scarcity of resources that all of these entrepreneurs will face. Simply put, if there is a fixed quantity of money to be supplied by investors to help grow your business, how can you secure funding with so many new businesses creating more competition?