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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. One of the unintended consequences was that many of the academics went off to found a wave of startups selling their technology to the military. America’s adversaries understand this.

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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

In January, Jerry Neumann wrote a long and detailed analysis of his view of the VC industry in the 1980’s titled Heat Death: Venture Capital in the 1980’s. So contrary to the piece, it wasn’t VC were good at early stage technology, it was that they had newfound capital and a big exit window. This isn’t true.

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One Hand Clapping – Entrepreneurship In Ann Arbor, Michigan

Steve Blank

I spent a few days in March in Ann Arbor Michigan as a guest of Professor Thomas Zurbuchen , Associate Dean for Entrepreneurial Programs, and Doug Neal , Director of Center for Entrepreneurship in the Engineering School at the University of Michigan. Venture Capital ; met with the local hardware/software venture capital firm.

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The Role Venture Capital is Playing in Online Schooling (Guest Post)

VC Cafe

Venture capital and other forms of seed funding have been crucial for the development of the best online colleges. Many third-party educational organizations exist to maintain online schooling ventures, and these organizations typically receive most of their funding from venture capital firms. By Estelle Shumann*.

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Reinventing the Board Meeting – Part 2 of 2 – Virtual Valley Ventures

Steve Blank

Reinventing the board meeting may offer angel-funded startups that don’t have formal boards or directors (because of geography or size of investment) to attract experienced advice and investment outside of technology clusters (i.e. The result – an instant technology cluster – with equity at a fraction of Silicon Valley prices.

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Philadelphia University Commencement Speech – May 15th 2011

Steve Blank

I ended up at Michigan State because I got a scholarship…Once I got there, I was lost…unfocused…and had no idea of who I was and why I was in school. I dropped out of Michigan State University after the first semester. In the middle of a Michigan winter, I stuck out my thumb and hitchhiked to Miami, the warmest place I could think of.