Wall Street Project Economic Summit

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Get Money: Braving “Shark Tanks” for Cash

Business is about competition—for customers, for market share, for employees and yes, for financing. When you are looking for capital to launch or expand your venture, you are likely to be tapping the same sources as millions of other entrepreneurs. Lenders and investors are looking to answer just one question: Which of these entrepreneurs have the best ideas, and are most likely to make my loan to or investment in their businesses pay off?

A Suite Deal

Acquiring the Sheraton World Orlando Resort for $87 million may seem pricey at first glance, but the hotel sits on 28 prime acres on International Drive—less than a mile from the convention hub. Besides, this was 2006, the economy was strong, financing was readily available, and with Florida’s voracious appetite for condominiums, the plan to convert the Sheraton into a hotel-condo property couldn’t miss.

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