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Why Governments Don’t Get Startups

Steve Blank

They hire local employees or family. Any government that starts public financing entrepreneurship better have a plan to get out of it by building a private VC industry. lesson of using SBIC funds.), They are anyone who runs his/her own business. They work as hard as any Silicon Valley entrepreneur. Most are barely profitable.

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Should your new VC fund use Revenue-Based Investing?

David Teten

Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. Kim Folson, Co-Founder, Founders First Capital, observed, “RBI financing is more intimate than traditional equity. Potentially could use SBIC financing. Potentially harder to recruit employees.

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

Steve Blank

Meanwhile on the West Coast – “The Group” 1950’s When Ampex was raising its money, in 1952, an employee of Fireman’s Fund in San Francisco, Reid Dennis , managed to put $20,000 in the deal. into believing it was behind the Soviet Union in innovation. In response, one of the many U.S. government would invest three (up to $300,000.)