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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. The Government Can’t Act Like a Startup.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. Who is this program for and why does it exist? The goal of the program is in the name?—?payroll payroll protection.

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Why Governments Don’t Get Startups

Steve Blank

Scalable startups require risk capital to fund their search for a business model, and they attract investment from equally crazy financial investors – venture capitalists. When they find it, their focus on scale requires even more venture capital to fuel rapid expansion. It is not a “jobs program” for the local populace.

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Playing With Fire – ChatGPT

Steve Blank

Last year a set of specific AI apps caught everyone’s attention as AI finally crossed from the era of niche applications to the delivery of transformative and useful tools – Dall-E for creating images from text prompts, Github Copilot as a pair programming assistant, AlphaFold to calculate the shape of proteins, and ChatGPT 3.5

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

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. government’s SBIR and STTR programs.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

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. government’s SBIR and STTR programs.

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Startup Nation: The Best Startup Capitals for Entrepreneurs in 2023 

ReadWriteStart

Tightening of monetary policies has led to skyrocketing interest rates as central banks try to manage rampant running inflation, supply chain issues persist despite the fact that the pandemic is now in the rearview — and venture capital funding has looked to dry up almost overnight. Do Not Fear! This is an Opportunity!