Most startups don’t make it. While some companies fail because they are trying to solve a problem that doesn’t exist or trying to target a market that’s too small to produce profits, many falter because they aren’t growing quickly enough to attract or retain VC backing. Lauren Bonner calls these companies thoroughbreds — the unsexy workhorses of the industry — and her firm MBM Capital supplies them with capital when their other backers abandon them. If venture funding continues to cool off, she predicts the market will soon see a number of worthwhile companies needing help.

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