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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors.

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Other sources of capital. Government grants – Credit cards / debt. Will developers and designers provide services for a piece of the company? Ideally you can pay them based + equity so that you’ll get their attention and focus on the project. Initial developer: partner or hired? How does that usually work?