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Why Governments Don’t Get Startups

Steve Blank

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. lesson of using SBIC funds.), Lifestyle Startups: Work to Live their Passion. but then the government got out of the way.

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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

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. into believing it was behind the Soviet Union in innovation. government would invest three (up to $300,000.)