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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

” And if aspiring investment teams are looking to get together the SBIC has come back with a new VC focused program to help non-Silicon Valley communities fund companies beyond their initial angel money. It creates a feeder system of local businesses that get their first biz dev deals or sales contracts.

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

Steve Blank

McMicking and Terman introduced Ampex to the National Security Agency, and Ampex sales boomed when their audio and video recorders became the standard for Electronic Intelligence and telemetry signal collection recorders. The McMicking’s bought 50% of Ampex for $365,000 (some liken this to the first VC investment in the valley.)