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Why Governments Don’t Get Startups

Steve Blank

Not understanding and agreeing what “Entrepreneur&# and “Startup” mean can sink an entire country’s entrepreneurial ecosystem. Who’s an entrepreneur? There are six distinct organizational paths for entrepreneurs: lifestyle business , small business, scalable startup, buyable startup, large company, and social entrepreneur.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

” And if aspiring investment teams are looking to get together the SBIC has come back with a new VC focused program to help non-Silicon Valley communities fund companies beyond their initial angel money. It creates recycled capital + 2nd-time entrepreneurs … on steroids. The key it to have “realistic capital.”

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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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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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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

For example, my firm at the time, Continental Illinois Venture Corporation, the wholly owned SBIC of Chicago’s Continental Bank, had many successful investments. Highly regarded private SBIC, **Sutter Hill Affiliate, Norwegian Shipping Family, +B of A’s SBIC. 1,250,000. Total. Taking all five at once is crazy.

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The Secret History of Silicon Valley Part IX: Entrepreneurship in.

Steve Blank

They would be one the first venture firms to organize their firm as a partnership rather than an SBIC or public company. They would also set the standard for the 20% carry for general partners. Tommy Davis would go on to found the Mayfield Fund in 1969.

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What type of capital should you raise, and from who?

David Teten

SBA loans are available through SBA-approved banks and SBIC funds. SBICs make equity and debt investments of size $100k – $10M in qualifying small businesses. A good resource for looking up SBICs is here.” . Financial Modeling for Entrepreneurs. ” *I’m an investor. Fundraising Hacks.

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