Remove Entrepreneur Remove Management Remove SBIC
article thumbnail

Why The SBIC Doesn’t Work For Venture Capital Anymore

Feld Thoughts

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. I’m an investor in over 40 VC funds around the world (mostly in the US) and three of them are SBIC funds. Each of the SBIC funds were raised in the 2000 – 2002 time period.

SBIC 142
article thumbnail

A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

For example, my firm at the time, Continental Illinois Venture Corporation, the wholly owned SBIC of Chicago’s Continental Bank, had many successful investments. Highly regarded private SBIC, **Sutter Hill Affiliate, Norwegian Shipping Family, +B of A’s SBIC. JMB Realty: Real Estate Management company.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

” And if aspiring investment teams are looking to get together the SBIC has come back with a new VC focused program to help non-Silicon Valley communities fund companies beyond their initial angel money. It creates recycled capital + 2nd-time entrepreneurs … on steroids. The key it to have “realistic capital.”

Community 378
article thumbnail

What type of capital should you raise, and from who?

David Teten

Ravi Bhagavan, Managing Director, BRG Capital Advisors, said, “A low-cost and often convenient form of capital for small businesses is SBA loans, which are guaranteed by the Small Business Administration. SBA loans are available through SBA-approved banks and SBIC funds. A good resource for looking up SBICs is here.” .

SBIC 60
article thumbnail

Why Governments Don’t Get Startups

Steve Blank

Not understanding and agreeing what “Entrepreneur&# and “Startup” mean can sink an entire country’s entrepreneurial ecosystem. Who’s an entrepreneur? There are six distinct organizational paths for entrepreneurs: lifestyle business , small business, scalable startup, buyable startup, large company, and social entrepreneur.

article thumbnail

Should your new VC fund use Revenue-Based Investing?

David Teten

I explore the reasons for this in Why Are Revenue-Based Investors Investing in So Many Women & Diverse Entrepreneurs? . With RBI there’s a very different relationship between the entrepreneur and the capital provider. Potentially could use SBIC financing. Syllabus for how to launch, manage, and invest a VC fund .

Revenue 60
article thumbnail

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.)