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There are six distinct organizational paths for entrepreneurs: lifestyle business , smallbusiness, scalable startup, buyable startup, large company, and social entrepreneur. In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion.
I have written occasionally about legislation in Congress and how it impacts smallbusinesses and startups, and three proposed laws have recently caught my attention. Congress makes a lot of noise about the importance of smallbusinesses to our society, but their track record over the past few years has been abysmal, at best.
I woke up to an article in Daily Camera today titled SmallBusiness 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.
These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. The SmallBusiness Investment Company (SBIC) Act in 1958 guaranteed that for every dollar a bank or financial institution invested in a new company, the U.S. In response, one of the many U.S.
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