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Why Governments Don’t Get Startups

Steve Blank

They hire local employees or family. lesson of using SBIC funds.), Small businesses are grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. They are anyone who runs his/her own business. They work as hard as any Silicon Valley entrepreneur.

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Small business Congress-watch: Three Pending Bills and Why They Matter

crowdSPRING Blog

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.

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Should your new VC fund use Revenue-Based Investing?

David Teten

Potentially could use SBIC financing. See Why The SBIC Doesn’t Work For Venture Capital Anymore vs. Small Business Investment Companies (SBIC) are an Attractive Alternative to Venture Capital. Potentially harder to recruit employees. Potentially can use an evergreen fund structure.

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

Steve Blank

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. into believing it was behind the Soviet Union in innovation. In response, one of the many U.S. government would invest three (up to $300,000.)