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Why Governments Don’t Get Startups

Steve Blank

In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion. Small business entrepreneurship is not designed for scale, the owners want to own their own business and “feed the family.&# lesson of using SBIC funds.),

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

Steve Blank

Terman arranged for a research assistantship to bring his former student, David Packard, back from a job at General Electric in New York to collaborate with William Hewlett, another of Terman’s graduate students. to spur innovation was a new government agency to fund new companies. Terman was also on the board of HP.