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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. Scalable startups tend to group together in innovation clusters (Silicon Valley, Shanghai, New York, Boston, Israel, etc.) lesson of using SBIC funds.),

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

Steve Blank

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. 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.