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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. At the same time neither banks nor local governments had the cash to finance startups on the scale the country needed. It went bankrupt in 1997.). Like the U.S.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. At the same time neither banks nor local governments had the cash to finance startups on the scale the country needed. It went bankrupt in 1997.). Like the U.S.

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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. It’s not about the financing path, it’s about what you’ve decided to build. Support.com — On 2.5m invested, IPO’ed in 2000 for $32/share — stock price now $2.

IPO 240
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Entrepreneurs are Everywhere Show No. 26: Javier Saade and Hillary Hartley

Steve Blank

She came to the GSA as a Presidential Innovation Fellow in 2013, where she worked on the development of MyUSA.gov. Hillary has been working to make government more accessible and available online for nearly two decades, starting as a web designer for Arkansas.gov in 1997. Filed under: Customer Development , SiriusXM Radio Show.