Former NY Comptroller Admits Taking $1 Million In Kickback Scheme

Kris Alingod – AHN News Contributor Albany, NY, United States (AHN) – Former New York State Comptroller Alan Hevesi has pleaded guilty to accepting gifts in return for $250 million worth of investments from the state pension fund. Hevesi admitted to receiving nearly $1 million in gifts from Markstone Capital Partners in exchange for approving [...]

Venture Capitalist Have Bosses? Yes, They Do and You Will Be Shocked Who They Answer To

Unless you are independently wealthy or homeless, you have to answer to someone, a boss, venture capitalist, the board, customers, and/or the bank. If you are an entrepreneur and are making the rounds on Sand Hill Road, it is hard not to spot the high-end BMWs and Mercedes, as well as more exotic vehicles, parked throughout the garages. Walking through the smartly decorated Sand Hill offices can be a shock for new entrepreneurs, which are likely in or just out of the dorm room. It can look like venture capitalists are “Kings of the World”. But, never fear Venture Capitalists have bosses too. And, their bosses are typically much more demanding than any boss you will ever have.