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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.

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The Secret History of Silicon Valley Part IX: Entrepreneurship in.

Steve Blank

Funded by military contracts, these 1950′s microwave tube startups would help build Silicon Valley’s entrepreneurial culture and environment. They would be one the first venture firms to organize their firm as a partnership rather than an SBIC or public company. Steve Blanks 30 years of Silicon Valley startup advice.

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

Steve Blank

The Group is worth noting for: Investing their own private money, Reid Dennis would found Institutional Venture Partners in 1974 First group specifically investing in the valley’s electronics industry SBIC Act of 1958 During the cold war the launch of Sputnik-1 by the Soviet Union in 1957 both traumatized and galvanized the United States.