Remove Business Model Remove New York Remove SBIC Remove Venture Capital
article thumbnail

A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

In January, Jerry Neumann wrote a long and detailed analysis of his view of the VC industry in the 1980’s titled Heat Death: Venture Capital in the 1980’s. So contrary to the piece, it wasn’t VC were good at early stage technology, it was that they had newfound capital and a big exit window. 1,250,000. Total.

article thumbnail

Why Governments Don’t Get Startups

Steve Blank

Scalable startups require risk capital to fund their search for a business model, and they attract investment from equally crazy financial investors – venture capitalists. Their job is to search for a repeatable and scalable business model. lesson of using SBIC funds.),