Remove 2009 Remove Customer Development Remove Offshore Remove Seed Capital
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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Most of the early deals were done by offshore venture funds – with their fund registered in countries outside China and using dollars.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Most of the early deals were done by offshore venture funds – with their fund registered in countries outside China and using dollars.

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Innovation, Change and the Rest of Your Life

Steve Blank

And for consumer hardware, no startup has to build their own factory as the costs are absorbed by offshore manufacturers. The watershed moment was in 2009 when the co-founder of Netscape, Marc Andreessen, formed a venture firm and started to invest in founders with the goal to teach them how to be CEOs for the long term.

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