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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

Take a look at the founding syndicates of each: Masstor Sytems (5/1979). Quantum Corporation (6/1980). Highly regarded private SBIC, **Sutter Hill Affiliate, Norwegian Shipping Family, +B of A’s SBIC. What is striking about these syndicates is that nobody had any meaningful capital, which forced syndication and cooperation.