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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

Video Games At SuperMac , Peter Barrett was the witty and creative 24-year old Australian engineer who had designed several of our most successful products, culminating with the software for the Video Spigot. Now he wanted to go off start his own company. Not all VCs are equal. There appears to be a saturation point within this market space.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. It includes venture funded startups in all industries, from software to biotech. government for funding. If you’re starting a software company, your exit is most likely a sale to a larger company.