Supporting Innovation and Entrepreneurship for more than 60 years

Welcome to Safeguard Scientifics' Blog, where we share Perspective, Strategy and Insight.

Archive: Array

Corporate

Forever Young: Safeguard celebrates its 60th birthday with an enduring spirit of entrepreneurship

In 1953, the average cost of a new home was $9,550. Gas was 20 cents a gallon, and the average annual wage was $4,000. The term “venture capitalist” was as foreign to the public as the “Internet.” That didn’t stop Pete Musser and Frank Diamond from starting Lancaster Corporation on Sept. 11, 1953 to “engage directly or indirectly in the…

Read more

Life Sciences

Why VC Interest in Biotechnology Companies Jumped in the Second Quarter of 2013

The second quarter 2013 NVCA numbers came in, and while capital deployments in medical device companies declined 1 percent in both dollars and deals from the first quarter, deployments in biotechnology companies surged 41 percent in dollars and 4 percent in total deals over the same period. Why were venture capitalists more willing to deploy capital in biotech companies than…

Read more

Tips

How to Get Funding: 3 Ways Successful Entrepreneurs Close Deals Faster

When looking for investors, entrepreneurs used to have a tendency to sign with the first VC who came through the door with money. Today, that’s seldom the case. Instead, startups and entrepreneurs weigh a number of options when choosing an investor, namely operational expertise, the extent of their network, access to customers, financial partners and industry expertise. Consequently, private equity…

Read more

Tips

The Most Essential Attribute You Should Look For in a Capital Provider

In evaluating prospective capital providers, savvy entrepreneurs have come to understand that while capital is their number one priority, there are other attributes they need to evaluate before they say “yes” to an investor. I understand why entrepreneurs are increasingly interested in more than just an investor’s willingness to invest. Industry expertise, legal counseling, networking opportunities, and other resources are…

Read more

Life Sciences

Life Sciences Entrepreneurship: How to Keep Pennsylvania Competitive

A recent article in Harvard Business Review pointed to the human genome as the next focus for diagnosing and treating diseases. The authors call for a Silicon Valley of life sciences, which would cluster producers, suppliers, and training centers to advance genetic research and treatments. At this point the question isn’t if, but where this cluster will grow. The Philadelphia…

Read more