Finance Frank G. Zarb School of Business Hofstra Experts In the News

Finance Prof Andrew Spieler on Venture Capital Decline

Andrew Spieler
Andrew Spieler

Newsday interviewed Dr. Andrew Spieler, professor of finance in the Frank G. Zarb School of Business, about the decline of angel and venture capital funding for Long Island startups, which fell 40 percent to $40.95 million in 2016, but remained above the four-year average of $37.78 million since 2013, according to newly released data.

Dr. Spieler says New York City has a leg up on Long Island as young entrepreneurs are drawn to the urban center’s ample transportation, coffee houses and trendy shops.

The article was written by Ken Schachter, adjunct assistant professor at the Herbert School of Communication.

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