Steve Blank

OCTOBER 29, 2009

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. Ampex business took off when Terman introduced Ampex founder Alex Poniatoff to Joseph and Henry McMicking. But the biggest innovation was the “carried interest” (called the “carry”.)

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Hippoland

JULY 24, 2018

And I enjoy working with founders immensely. For all of these reasons, this is why microfund managers who are able to raise more money on subsequent funds end up doing so, because for the same amount of work and risk, you’d much rather be paid more in salary and in carried interest later. 4) You should love fundraising.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

And I enjoy working with founders immensely. For all of these reasons, this is why microfund managers who are able to raise more money on subsequent funds end up doing so, because for the same amount of work and risk, you’d much rather be paid more in salary and in carried interest later. 4) You should love fundraising.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48