crowdSPRING Blog

FEBRUARY 23, 2014

511: EXCEL Act (Introduced 3/11/2013) The EXCEL (Expanding Access to Capital for Entrepreneurial Leaders) Act amends the Small Business Investment Act of 1958 and seeks to guarantee the payment of securities issued by small business investment companies (SBICs) of up to $4 billion annually. Illustration: Cross-section drawing by Thomas U.

Small Business 85

Small Business SBIC Software Review United States 85

Steve Blank

SEPTEMBER 1, 2011

Changes in customer tastes, new technologies, legislation, new competitors, etc. can create pressure for more disruptive innovation – requiring large companies to create entirely new products sold to new customers in new markets. lesson of using SBIC funds.), Google and Android.) but then the government got out of the way.

Government 335

Government Silicon Valley Startup Venture Capital 335

David Teten

AUGUST 20, 2019

BJ Lackland observes, “Our customers are 10% VC-backed, 45% bootstrapped and 45% angel-backed.”. Potentially could use SBIC financing. See Why The SBIC Doesn’t Work For Venture Capital Anymore vs. Small Business Investment Companies (SBIC) are an Attractive Alternative to Venture Capital.

Revenue 60

Revenue SBIC Cofounder Venture Capital 60

Steve Blank

OCTOBER 29, 2009

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.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Steve Blank

AUGUST 10, 2009

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.

Silicon Valley 155

Silicon Valley RSS SBIC California 155