Remove Customer Development Remove Government Remove Offshore Remove Seed Capital
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When It’s Darkest Men See the Stars

Steve Blank

the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. Today open source software has slashed the cost of software development from millions of dollars to thousands. The Democratization of Entrepreneurship.

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Innovation, Change and the Rest of Your Life

Steve Blank

Defense and Intelligence organizations drove the pace of innovation in Silicon Valley by providing research and development dollars to universities, and defense companies built weapons systems that used the Valley’s first microwave devices and semiconductor components. Government and the enterprise are now followers rather than leaders.

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

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. 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.

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

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. 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.