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Smaller companies looking for that first round of VC often find more than a few obstacles to clear

Boston Business Journal - April 13, 2007
by Lisa van der Pool Journal Staff

Ed Gildea needed money.

It was 2004. And while these days an innovative, environmentally friendly startup would likely have venture capitalists seeing green, the landscape was far different just three years ago. Gildea pitched Converted Organics Inc., which turns food waste into fertilizer, to one VC group after another -- all to no avail.

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