Venture capitalist Fred Wilson of Union Square Ventures tells Robin Gill, senior vice president of City National Bank’s Technology Group that it’s his gut, not his wealth of experience that leads him to the right investments.
Big corporations get most of the press, but the nation's economic resurgence is due largely to the corner pizza parlor, the neighborhood electrician who logs invoices on a computer at home, and the sunglasses store where you bought your new shades – the types of small businesses that account for half of the private-sector jobs in the United States.
Rock-bottom interest rates have been great news for many business owners. But the days of super-low rates may be drawing to a close. Ultimately, interest rates most likely will only go in one direction from here — up.
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