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Why Governments Don’t Get Startups

Steve Blank

Scalable startups require risk capital to fund their search for a business model, and they attract investment from equally crazy financial investors – venture capitalists. Their job is to search for a repeatable and scalable business model. lesson of using SBIC funds.), They hire the best and the brightest.

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

Steve Blank

It was perfect for a new generation of ELINT receivers to be built into the Ferret planes searching for signals around the Soviet Union. They would be one the first venture firms to organize their firm as a partnership rather than an SBIC or public company. They would also set the standard for the 20% carry for general partners.