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Why Governments Don’t Get Startups

Steve Blank

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.), In addition, the Israeli government originally funded 23 early stage incubators but turned them over to the VC’s to own and manage.

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

David Teten

That said, venture capital is just one of many options to finance your business, and it’s typically the most expensive. The first step is to decide the right capital structure for your financing. SBA loans are available through SBA-approved banks and SBIC funds. A good resource for looking up SBICs is here.” .

SBIC 60
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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 can use an evergreen fund structure.

Revenue 60
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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.)