The Secret History of Silicon Valley 12: The Rise of “Risk Capital.
Steve Blank
OCTOBER 29, 2009
Arthur Rock, an investment banker at Hayden Stone in New York (who helped broker the financing of Fairchild) moved out to San Francisco in 1961 and partnered with Tommy Davis. Davis (an ex- WWII OSS agent) then a VP at the Kern Land Company got involved with investing in technology companies through Fred Terman.
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