Why The SBIC Doesn’t Work For Venture Capital Anymore
Feld Thoughts
JULY 28, 2014
Next, there is the wonderful PR quote about the SBIC that says “Since the program’s inception, SBIC “success stories” include the funding of companies such as Apple, Costco and FedEx when they were burgeoning small businesses.” The SBIC was instrumental in the creation of the venture capital business.
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