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. Changes in customer tastes, new technologies, legislation, new competitors, etc. lesson of using SBIC funds.),

Government 335

Government Silicon Valley Startup Venture Capital 335

Steve Blank

OCTOBER 29, 2009

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. The Small Business Investment Company (SBIC) Act in 1958 guaranteed that for every dollar a bank or financial institution invested in a new company, the U.S. government would invest three (up to $300,000.)

Silicon Valley 126

Silicon Valley SBIC San Francisco RSS 126

Steve Blank

AUGUST 10, 2009

Again Stanford technology would solve these challenges. Frustrated with Kern’s lack of interest in investing in more technology companies, Tommy Davis would go on to found one of Silicon Valley’s first VC firms with Arthur Rock, creating Davis and Rock, founded in 1961. This was a two-pronged challenge: the U.S.

Silicon Valley 158

Silicon Valley RSS SBIC California 158