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Why Governments Don’t Get Startups

Steve Blank

Unlike small business entrepreneurs, their interest is not in earning a living but rather in creating equity in a company that eventually will become publicly traded or acquired, generating a multi-million-dollar payoff. Scalable startups tend to group together in innovation clusters (Silicon Valley, Shanghai, New York, Boston, Israel, etc.)

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Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

VC Cafe

The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups. Israel – 500M NIS to cash strapped startups. This is part of Israel’s Ministry of Finance NIS 1.2

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How Venture Capitalists and Government Can Promote Entrepreneurship

David Teten

I’ve recently met with several universities, nonprofits, and government employees who’ve all asked the same question: how can we promote entrepreneurship? The first and primary role of a government is to provide basic public goods competently. To the extent that the government fails to do that, it will retard job creation.

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How can startups engage Amazon and AWS

VC Cafe

The accelerator provides equity-free financial support through AWS Promotional Credit, technical training and support, access to a global community of EdTech experts, and more. AWS Builder Space (Israel) – A non-equity program for early stage startups who are looking to accelerate their speed to market.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Israel, Singapore and now China are the three countries that have successfully put that theory into practice.

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Report: Israel Private Capital Breakdown 2020

VC Cafe

Pitchbook Data released a new report on the state of Private Capital in Israel 2020 , covering private equity and venture capital. In 2010, VC funds in Israel had over $10 billion of assets under management, by 2017, that number had grown to over $36 billion. Israel based startups raised $4.1 billion in 2019 and $1.5

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10 Rosh Hashanah Resolutions for Startup Founders

VC Cafe

A combination of competition for top talent and an effort to bring employees back to the office drove startups in Israel to throw extravagant parties and all-inclusive retreats abroad. While they can outspend you, a startup offers real ownership (equity/options), more impact per employee, and the chance to change the world/industry.

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