Steve Blank

SEPTEMBER 1, 2011

They hire local employees or family. When I read policy papers by government organizations trying to replicate the lessons from the valley, I’m struck how they seem to miss some basic lessons. Any government that starts public financing entrepreneurship better have a plan to get out of it by building a private VC industry.

Government 335

Government Silicon Valley Startup Venture Capital 335

crowdSPRING Blog

FEBRUARY 23, 2014

511: EXCEL Act (Introduced 3/11/2013) The EXCEL (Expanding Access to Capital for Entrepreneurial Leaders) Act amends the Small Business Investment Act of 1958 and seeks to guarantee the payment of securities issued by small business investment companies (SBICs) of up to $4 billion annually. How so, you ask?

Small Business 85

Small Business SBIC Software Review United States 85

Steve Blank

OCTOBER 29, 2009

Meanwhile on the West Coast – “The Group” 1950’s When Ampex was raising its money, in 1952, an employee of Fireman’s Fund in San Francisco, Reid Dennis , managed to put $20,000 in the deal. to spur innovation was a new government agency to fund new companies. government would invest three (up to $300,000.)

Silicon Valley 129

Silicon Valley SBIC San Francisco RSS 129