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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

Ampex’s first customer was Bing Crosby who wanted to record his radio programs for rebroadcast (and had exclusive distribution rights.) The Small Business Investment Company (SBIC) Act in 1958 guaranteed that for every dollar a bank or financial institution invested in a new company, the U.S. In response, one of the many U.S.

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The Secret History of Silicon Valley Part IX: Entrepreneurship in.

Steve Blank

Invention Versus Commercialization While Stanford was doing its share of pure research, what’s interesting about the Electronics Research Laboratory (ERL) was its emphasis on delivery of useful products for its customers – the military – from inside a research university. To Order Outside of the U.S. Now In Print!