article thumbnail

The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. Like the U.S. It went bankrupt in 1997.).

article thumbnail

The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. Like the U.S. It went bankrupt in 1997.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup at Sea | A Start-Up Incubator That Floats | NYTimes.com

Campus Entrepreneurship

That’s the idea behind Blueseed, which aims to create a visa-free, floating incubator for international entrepreneurs off the California coast near Silicon Valley. The most successful can then inspire change in governments around the world.” via A Start-Up Incubator That Floats – NYTimes.com. Anarchists?

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

incubators, e.g., the many options in New York. Many industries are very difficult to penetrate from the outside, e.g. healthcare, education, government services, and more. In exchange for equity, we discount the project cost, which is already low because we offshore most of our development, by 10-15%. Rock Health).

article thumbnail

When It’s Darkest Men See the Stars

Steve Blank

the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. For consumer hardware, no startup has to build their own factory as the costs are absorbed by offshore manufacturers.

article thumbnail

National Industrial Policy – Private Capital and The America’s Frontier Fund Steps Up

Steve Blank

passed the CHIPS and Science Act , one of the first pieces of national industrial policy – government planning and intervention in a specific industry — in the last 50 years, in this case for semiconductors. Optimizing profit above else led to wholesale offshoring of manufacturing and entire industries in order to lower costs.

China 323
article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

Government and the enterprise are now followers rather than leaders. And for consumer hardware, no startup has to build their own factory as the costs are absorbed by offshore manufacturers. What this means is that the emergence of incubators and super angels have dramatically expanded the sources of seed capital.

Restful 222