The Rise of Chinese Venture Capital – (Part 3 of 5)
Steve Blank
APRIL 12, 2013
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. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. Like the U.S. It went bankrupt in 1997.).
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