Kevin O’Leary: Startup Crowdfund

Posted by admin on Wednesday, December 16, 2020

Kevin O’Leary Money Quote saying The quarantine has restricted access to capital by startup companies, so crowdfunding is filling the void. Kevin O’Leary said:
 

 

“With the coronavirus pandemic causing economic uncertainty, startups and small businesses are having an incredibly hard time accessing capital, so you’re going to see a material increase in interest in crowdfunding companies like StartEngine that are solving that problem” — Kevin O’Leary

 

 

In this quote, Kevin O’Leary is commenting on how the economic disruptions caused by the COVID-19 pandemic have made it much more difficult for startups and small businesses to obtain traditional sources of funding like loans or venture capital investments. He notes that this capital crunch is driving greater interest in crowdfunding platforms like StartEngine that can help fill the financing gap.

O’Leary appears to be acknowledging that crowdfunding provides an alternative for new companies to access working funds when conventional avenues are constrained due to market uncertainty. The quote conveys O’Leary’s view that the pandemic has accelerated the need for crowdfunding solutions to inject money into small businesses that are struggling to obtain capital through usual channels according to this interpretation.

Barack Obama: Mom & Pop Shops Economy

Posted by admin on Saturday, November 24, 2018

Barack Obama Money Quote saying in his statement about Small Business Saturday that small stores and local business strengthens the U.S. economy. Barack Obama said:
 

 

“From the mom-and-pop storefront shops that anchor Main Street to the high-tech startups that keep America on the cutting edge, small businesses are the backbone of our economy and the cornerstones of our Nation’s promise” — Barack Obama

 

 

This quote from Barack Obama emphasizes the vital role that small businesses play in both local communities and the national economy. He describes them as the “backbone” and “cornerstones” that support economic activity from Main Street shops to innovative startups.

The best interpretation is that Obama is underscoring how small enterprises are job creators at the grassroots level and drivers of technological progress. They embody the promise of opportunity in America.

By highlighting small businesses’ dual function of anchoring neighborhoods while also pushing new frontiers, Obama conveys his view that they deserve strong support in order to sustain healthy growth, job creation and technological advancement for the country as a whole.