Remove Distribution Remove Government Remove SBIC
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Why The SBIC Doesn’t Work For Venture Capital Anymore

Feld Thoughts

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. I’m an investor in over 40 VC funds around the world (mostly in the US) and three of them are SBIC funds. Each of the SBIC funds were raised in the 2000 – 2002 time period.

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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

Ampex’s first customer was Bing Crosby who wanted to record his radio programs for rebroadcast (and had exclusive distribution rights.) to spur innovation was a new government agency to fund new companies. government would invest three (up to $300,000.) into believing it was behind the Soviet Union in innovation.