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Why Governments Don’t Get Startups

Steve Blank

When they find it, their focus on scale requires even more venture capital to fuel rapid expansion. Scalable startups tend to group together in innovation clusters (Silicon Valley, Shanghai, New York, Boston, Israel, etc.) but then the government got out of the way. It is not a “jobs program” for the local populace.

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

VC Cafe

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. 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.

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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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Israeli venture capital broke new records in Q3 2020, but seed rounds are massively down

VC Cafe

After finishing a second national lockdown, amidst weeks of protests against the government and with borders largely closed to foreigners, you could safely say that these are not ‘normal’ days for Israeli startups or the Israeli economy. As a whole, it looks like Israel is headed for another record breaking year.

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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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Israeli Government Reveals High Tech “Bail Out” Plan to Boost the Technology Sector

VC Cafe

T he birth of the Israeli venture capital industry was supported by government programs like Yozma. The proposal will enable investors in startups to receive tax write-offs on investments for high-tech companies who spend at least 70% of their salaries in Israel. The Israeli High-Tech Support Plan.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.