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Why Governments Don’t Get Startups

Steve Blank

From day one, the founders believe that their vision can change the world. Social entrepreneurs are no less ambitious, passionate, or driven to make an impact than any other type of founder. But unlike scalable startups, their goal is to make the world a better place, not to take market share or to create to wealth for the founders.

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

Steve Blank

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. Ampex business took off when Terman introduced Ampex founder Alex Poniatoff to Joseph and Henry McMicking. to spur innovation was a new government agency to fund new companies.