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Why Governments Don’t Get Startups

Steve Blank

lesson of using SBIC funds.), To date, Israel is only country that has engineered a successful entrepreneurship cluster from the ground up. It’s Yozma program kick-started a private venture capital industry with government funds, (emulating the U.S. but then the government got out of the way.

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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. Elect 1-2 representatives and even invite a local VC to invest personally and sit on the investment committee or be an advisor.

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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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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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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.

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New video: Private equity origination best practices

David Teten

Best Practices of Private Equity Funds in Origination ” at the Wells Fargo SBIC Symposium, an event for their portfolio funds. A few weeks ago I presented on “ Where Are the Deals? I focused on using technology for sourcing. I’ve posted below the video and slide deck.

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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.