Venture Capital Shys Away from Aging Businesses

Although everyone is familiar with aging demographics, it appears that venture capital funding sources can be reluctant to jump into ventures that are targeting the aging demographic.  The recent TechCircle article, Baby boomer market is from cradle to grave, reveals that it can be challenging to convince these funding sources that aging services represent the next wave of business opportunities.

In fact, AARP is putting money into strategic event sponsorships, like paying for the wireless internet service at the National Venture Capitalist Association’s conference so that every user will see a screen with the question, “what’s your 50-plus strategy?” and covering the $18,500 entry cost of several entrepreneurs who present aging-friendly start-up ideas at Demo, the popular launch event for new technologies.

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