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Why The SBIC Doesn’t Work For Venture Capital Anymore

Feld Thoughts

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. I’m an investor in over 40 VC funds around the world (mostly in the US) and three of them are SBIC funds. Each of the SBIC funds were raised in the 2000 – 2002 time period.

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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. lesson of using SBIC funds.),

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

Steve Blank

to spur innovation was a new government agency to fund new companies. The Small Business Investment Company (SBIC) Act in 1958 guaranteed that for every dollar a bank or financial institution invested in a new company, the U.S. government would invest three (up to $300,000.) In response, one of the many U.S.