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The Secret History of Minnesota Part 1: Engineering Research Associates

Steve Blank

Meanwhile the biggest and fastest scientific computer companies were in Minnesota. By 1953, 40% of the University of Minnesota electrical engineering graduates – including Cray – were working for ERA. More in part 2 of The Secret History of Minnesota And by 1966 they had been delivering computers for 16 years.

Minnesota 281
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Two New Techstars Programs – Mobility/Detroit and Techstars++/Mayo Clinic

Feld Thoughts

From the post about it: “Throughout the development of the Techstars Mobility program, Techstars worked with Detroit based venture capital firms Fontinalis Partners, Detroit Venture Partners and Renaissance Venture Capital to recruit mentors and ensure capital was ready to deploy in the region.

Detroit 145
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University of Minnesota Commencement speech – May 10th 2013

Steve Blank

Minnesota is a wonderful place to hunt, fish, canoe, raise kids, and pursue lots of interests other than just your job. University of Minnesota Science and Engineering alumni have founded more than 4,000 active companies, employing over ½ million people and generating annual revenues of $90 billion. And that’s great. Only In America.

Minnesota 335
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A Poor Investment? VC Firm Targets the “Underbanked”

ReadWriteStart

At least one venture capital firm is out to make money helping them out. Core Innovation Capital has decided to help. The Minnesota-based VC firm has raised $45 million in funds it plans to use to back startups that give low-income consumers somewhere to go for financial services other than the local check-cashing shop.

Minnesota 142
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University of Minnesota Commencement speech – May 10th 2013

Steve Blank

Minnesota is a wonderful place to hunt, fish, canoe, raise kids, and pursue lots of interests other than just your job. University of Minnesota Science and Engineering alumni have founded more than 4,000 active companies, employing over ½ million people and generating annual revenues of $90 billion. And that’s great. Only In America.

Minnesota 227
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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? GCVF is pioneering the future of venture capital and high growth startups for all small communities. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78
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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.