From June 24: "Bioscience startups struggle to find financing"

Quoting from Beth Potter's Bank Notes column:

"In light of industry funding woes, companies are getting creative about where they get money, said Holli Riebel, formerly Baumunk, executive director of the Colorado BioScience Association in Denver.

For example, company founders may be more be willing to take private equity financing deals these days, even though they may lose some control over products, Riebel said.

'Take any money as soon as you can, whenever you can,' Riebel said. 'This is not a time to be really picky. Venture capital is very tough.'"

Link to bcbr.com