The Secret History of Silicon Valley 12: The Rise of “Risk Capital.
Steve Blank
OCTOBER 29, 2009
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. to spur innovation was a new government agency to fund new companies. government would invest three (up to $300,000.)
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