California Government Management SBIC 
Steve Blank
SEPTEMBER 1, 2011
On the California coast where I live, we see lifestyle entrepreneurs like surfers and divers who own small surf or dive shop or teach surfing and diving lessons to pay the bills so they can surf and dive some more. It’s Yozma program kick-started a private venture capital industry with government funds, (emulating the U.S.
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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