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Why Governments Don’t Get Startups

Steve Blank

Scalable startups tend to group together in innovation clusters (Silicon Valley, Shanghai, New York, Boston, Israel, etc.) Any government that starts public financing entrepreneurship better have a plan to get out of it by building a private VC industry. 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.