Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. – The Torch Program. In size, scale and commercial results China’s Torch Program from MOST (the Ministry of Science and Technology) is the most successful entrepreneurial program in the world. It has become China’s Silicon Valley.

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Programming Technical Review SBIR China 170

Steve Blank

DECEMBER 20, 2011

government has been running one of the most audacious experiments in entrepreneurship since World War II. In July I got a call from Errol Arkilic , a program manager at the National Science Foundation (NSF), the $6.8-billion government agency that supports research in all the non-medical fields of science and engineering.

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Incubator Government Silicon Valley Lean 301

Steve Blank

NOVEMBER 24, 2010

Over the last half a century, Silicon Valley has grown into the leading technology and innovation cluster for the United States and the world. 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.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

SEPTEMBER 5, 2018

Their idea is that consumers will want a subscription service for short form entertainment (10-minute programs) for mobile rather than full length movies. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

AUGUST 17, 2009

Source: Center for Arms Control and Non-Proliferation (in constant 2009 $’s) We’ll Do Great in the Next War Early in 1950, just months before the outbreak of the Korean War the Office of Naval Research asked Fred Terman to build an Applied electronics program for electronic warfare. and the Soviet Union had nuclear weapons at this point.)

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Silicon Valley RSS California Government 142

David Teten

FEBRUARY 2, 2012

I’ve recently met with several universities, nonprofits, and government employees who’ve all asked the same question: how can we promote entrepreneurship? By contrast, as a venture capitalist, I can report that almost all of our portfolio companies are desperate to hire talented software engineers, and eager to hire in a range of other roles.

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Government Technical Review New York Offshore 146

Steve Blank

JANUARY 14, 2013

Government funding of research started in World War II driven by the needs of the military for weapon systems to defeat Germany and Japan. government has had a robust national science and technology policy, it lacks a national industrial policy; leaving that to private capital. governments approach to science and warfare.

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Silicon Valley Government Germany Japan 243

Steve Blank

APRIL 12, 2013

The previous post described how the Torch program built China’s innovation clusters. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. Like the U.S. It went bankrupt in 1997.).

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Venture Capital China Offshore SBIR 271

Haystack

DECEMBER 29, 2018

6/ Venture Capital In Expansion Phase. And as more economies worldwide seek to shift their investment strategies offshore and seek out technology, hubs like Silicon Valley and Shanghai, among others, have reaped the benefits. That will take a long time to settle. In the meantime, we have what we have today.

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Technical Review Venture Capital Russia China 165

Reid Hoffman

JULY 27, 2021

TOP DRAWBACKS OF AN MBA PROGRAM. Network strength is one of the reasons that people who want to build great software businesses have, and will continue to move to Silicon Valley. Despite the overblown stories about the decline of Silicon Valley, the fact is that it remains the strongest entrepreneurship network in the world.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

TOP DRAWBACKS OF AN MBA PROGRAM. Network strength is one of the reasons that people who want to build great software businesses have, and will continue to move to Silicon Valley. Despite the overblown stories about the decline of Silicon Valley, the fact is that it remains the strongest entrepreneurship network in the world.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

online.wsj.com

JULY 11, 2012

Theres a power struggle underway in Silicon Valley. Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. For now, venture investors are relatively content with the arrangement, as theyve made immense sums along the way. "We

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Silicon Valley Founder Software Review Technical Review 42

Austin Startup

MARCH 4, 2019

There will also be a constant stream of programming including official SXSW panels. We don’t know of any other location in DC or elsewhere in the country where multiple government innovation groups are colocated together with startups to create their own center of gravity. You can see a much larger list at the end.

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. venture capitalists invested $26.5

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

OCTOBER 8, 2012

Brad Feld’s new book Startup Communities joins the two other “must reads,” ( Regional Advantage and Startup Nation ) and one “must view” ( The Secret History of Silicon Valley ) for anyone trying to understand the components of a regional cluster. They are not run by the government or any single organization.

Community 333

Community Silicon Valley San Francisco Venture Capital 333

Steve Blank

APRIL 12, 2013

The previous post described how the Torch program built China’s innovation clusters. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. Like the U.S. It went bankrupt in 1997.).

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

MAY 3, 2022

For decades, satellites that took detailed pictures of Earth were only available to governments and the high-resolution images were classified. government satellite in orbit. Venture capital and startups have spent 50 years institutionalizing the rapid delivery of disruptive innovation. In the U.S.,

Ukraine 277

Ukraine China Private Equity Russia 277

Feld Thoughts

JULY 28, 2014

The article starts off saying that “Matthew Varilek has traveled across the state, proselytizing the potential benefits of the Small Business Investment Company Program.” Matthew, if you really want to have a deep discussion about why the SBIC program isn’t effective for VC funds anymore, feel free to give me a shout.

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SBIC Venture Capital Colorado SBA 142

Steve Blank

APRIL 8, 2022

We pointed out that Silicon Valley and Stanford have done this for 50 years. We combine the unique strengths of Stanford and its location in Silicon Valley to solve problems across the spectrum of activities that create and sustain national power. CONOPS Development. Conference. Acquire at Speed.

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Security Silicon Valley China Private Equity 217

ReadWriteStart

MAY 7, 2012

As Managing Director of T2 Venture Capital , a Silicon Valley venture firm that helps build “innovation ecosystems” around the globe, Victor Hwang knows quite a lot about what it takes to create an environment where high-tech startups can grow and thrive.

Silicon Valley 128

Silicon Valley North Carolina San Diego Taiwan 128

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. venture capitalists invested $26.5

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

DECEMBER 3, 2020

It would be the biggest investment from the federal government in research and development since the end of the Cold War, and a lot of that would be in clean energy technology. It wasn’t that they wanted to go to GSB and then make a bunch of money doing venture capital in Silicon Valley. Hardware vs software.

Technical Review 235

Technical Review Technology China Taiwan 235

Steve Blank

APRIL 10, 2013

Summary: I’ve lived in Silicon Valley for 35 years, I’ve taught in entrepreneurial clusters in New York, Boston, Helsinki, Santiago Chile, St. Each of these clusters has wondered how to become the next Silicon Valley. China has embraced state capitalism in a way Wall Street can only dream about. billion budget.

China 315

China Taiwan Silicon Valley Guam 315

Pascal's View

SEPTEMBER 5, 2010

My contributions to this undergraduate textbook, Venture Capital: Theory & Practice , are the result of two important collaborations. Venture Capital started in China in 1985, when the first government-sponsored venture capital firm was established. Venture Capital is a popular buzzword in China.

Venture Capital 44

Venture Capital China Technical Review Due Diligence 44

ReadWriteStart

DECEMBER 9, 2010

It is a very good format for entrepreneur groups around the world to get together and network around the roundtable programming which happens every week, religiously. Should those entrepreneurs who have built their business elsewhere move to Silicon Valley to raise money? Google Adwords advertising. That sounds great.

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Silicon Valley Malaysia India China 117

Both Sides of the Table

JUNE 8, 2014

I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. Not all of these products & companies came from Silicon Valley but the overwhelming majority did.

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Silicon Valley Kansas City Startup Venture Capital 390

David Teten

DECEMBER 24, 2015

At our firm, ff Venture Capital , we didn’t aim to go to Canada, but ended up there anyway. We’re a New York based early-stage venture capital firm. For instance, for every dollar spent on an engineering team, companies can get approximately one third of the cost back via government-incentive programs.

New York 60

New York Venture Capital Canada Silicon Valley 60

Steve Blank

APRIL 6, 2009

Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in Silicon Valley working for my first company: ESL. But part of his life that that doesn’t even merit a Wikipedia entry is that Bill Perry used Silicon Valley to help end the cold war.

Silicon Valley 171

Silicon Valley Stealth RSS California 171

Steve Blank

AUGUST 3, 2009

If you read only one previous post, read this one (or this one.) ————- The Birth of Entrepreneurship in The Hot Cold War Silicon Valley entrepreneurship was born in the middle of a secret war with the Soviet Union. military, the CIA and the National Security Agency. By 1947 the U.S. Meanwhile the U.S.

Silicon Valley 153

Silicon Valley RSS Europe Germany 153

Steve Blank

OCTOBER 29, 2009

This is the second of three posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– The First Valley IPO’s Silicon Valley first caught the eyes of east coast investors in the late 1950’s when the valleys first three IPO’s happened: Varian in 1956, Hewlett Packard in 1957, and Ampex in 1958.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Austin Startup

MARCH 3, 2018

Friday, March 9 Attracting VC Funding Outside Silicon Valley Panel with HomeAway founder Brian Sharples & Capital Factory Director Gordon Daugherty We do a lot of things differently in Texas, including fundraising. 6:00 PM Capital Factory?—?16th March 10, 2018 4:30 PM?—?6:00 March 13, 2018 9:30AM?—?10:30AM

Technical Review 58

Technical Review Silicon Valley Texas Austin 58

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

David Teten

JANUARY 28, 2019

My former Partner John Frankel of ff Venture Capital observes that 20 years ago, the defining movie of the generation was “Wall Street”. Teaching and research on entrepreneurship : SOM’s Program on Entrepreneurship , Kyle Jensen’s courses. Yale has one of the best drama programs in the world. “CEO is the new Analyst.”.

Affiliate 60

Affiliate Connecticut Programming Community 60

Steve Blank

SEPTEMBER 19, 2016

Hacking for Defense is a battle-tested problem-solving methodology that runs at Silicon Valley speed. By the end of the 20 th century the Central Intelligence Agency (CIA) realized that it was no longer the technology leader it had been when it developed the U-2, SR-71, and CORONA reconnaissance programs in the 1950’s and 1960’s.

Silicon Valley 246

Silicon Valley Afghanistan Iraq Community 246

Steve Blank

APRIL 10, 2013

Summary: I’ve lived in Silicon Valley for 35 years, I’ve taught in entrepreneurial clusters in New York, Boston, Helsinki, Santiago Chile, St. Each of these clusters has wondered how to become the next Silicon Valley. China has embraced state capitalism in a way Wall Street can only dream about. billion budget.

China 207

China Taiwan Silicon Valley Guam 207

Steve Blank

FEBRUARY 8, 2011

For its first few decades Silicon Valley was content flying under the radar of Washington politics. It wasn’t until Fairchild and Intel were almost bankrupted by Japanese semiconductor manufacturers in the early 1980’s that they formed Silicon Valley’s first lobbying group. Fast forward to today. What’s not to like?

America 318

America Silicon Valley Washington Venture Capital 318

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60