The Secret History of Silicon Valley 12: The Rise of “Risk Capital.
Steve Blank
OCTOBER 29, 2009
Interestingly enough, Fred Terman, Dean of Stanford Engineering was tied to all three companies. 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. into believing it was behind the Soviet Union in innovation.
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