Comments on: The Secret History of Silicon Valley 11: The Rise of “Risk Capital” Part 1 http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/ Entrepreneurship and Conservation Tue, 29 May 2012 21:23:39 +0000 hourly 1 http://wordpress.com/ By: Why Black America Creates Virtually No Jobs and What We Can Do About It « Culture * Politics * Tech * the World http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-27265 Fri, 11 May 2012 13:35:39 +0000 http://steveblank.com/?p=3919#comment-27265 [...] of innovation that Steve Blank, professor of entrepreneurship at Stanford University said in his Secret History of Silicon Valley, “Silicon Valley would still be a bunch of engineers working in their garages without a culture [...]

]]> By: What Black American Innovators need to produce jobs : Black Innovation http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-26695 Sun, 29 Apr 2012 17:34:45 +0000 http://steveblank.com/?p=3919#comment-26695 [...] of innovation that Steve Blank, professor of entrepreneurship at Stanford University said in his Secret History of Silicon Valley, “Silicon Valley would still be a bunch of engineers working in their garages without a culture [...]

]]> By: Innovation Ecosystems Network » The Next Silicon Valley http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-5077 Wed, 18 Aug 2010 05:05:03 +0000 http://steveblank.com/?p=3919#comment-5077 [...] the capital infrastructure in the valley is the key – but remember that in the beginning there was no venture capital, and the early valley prospered without it.  Stanford professors were the first angels investors. [...]

]]> By: Family Business Feuds; The Ideal Career Path : Floriday Properties http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-1789 Tue, 27 Oct 2009 20:50:00 +0000 http://steveblank.com/?p=3919#comment-1789 [...] play in the entrepreneurship ecosystem. But where did they come from? Here’s a little history lesson, courtesy of serial entrepreneur Steve [...]

]]> By: Allen Smith http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-1787 Mon, 26 Oct 2009 19:29:47 +0000 http://steveblank.com/?p=3919#comment-1787 The first VC were indeed from the Boston area but they predated Doriot by more than 100 years.

While traveling to England on vacation in 1810 Francis Cabot Lowell, who was already wealthy from his families shipping business, became fascinated by English power looms. Unable to buy any plans or models he committed the details to memory. When he returned to Boston he put together a business plan to build a water powered mill that required a $400k investment – $100k for the factory and $300k for start-up costs. He raised the money by selling stock to prominent Boston families who – seeing the benefit of the joint stock company – went on to found, railroads, banks, and insurance companies based on this new model.

http://www.economicadventure.org/decision/lowell.pdf

]]> By: Twitter Trackbacks for The Secret History of Silicon Valley 11: The Rise of “Risk Capital” Part 1 « Steve Blank [steveblank.com] on Topsy.com http://steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%e2%80%9crisk-capital%e2%80%9d-part-1/#comment-1786 Mon, 26 Oct 2009 13:50:37 +0000 http://steveblank.com/?p=3919#comment-1786 [...] The Secret History of Silicon Valley 11: The Rise of “Risk Capital” Part 1 « Steve Blank steveblank.com/2009/10/26/the-secret-history-of-silicon-valley-11-the-rise-of-%E2%80%9Crisk-capital%E2%80%9D-part-1 – view page – cached + The Secret History of Silicon Valley 11: The Rise of “Risk Capital” Part 1 + Ardent War Story 6: Listen more, talk less + Ardent War Story 5: The Best Marketers Are Engineers + Ardent War… (Read more)+ The Secret History of Silicon Valley 11: The Rise of “Risk Capital” Part 1 + Ardent War Story 6: Listen more, talk less + Ardent War Story 5: The Best Marketers Are Engineers + Ardent War Story 4: You Know You’re Getting Close to Your Customers When They Offer You a Job + Ardent 3: Supercomputer Porn + Fun For Hours + Ardent 2: Get Out of My Building + Ardent 1: Supercomputers Get Personal + Durant Versus Sloan – Part 1 + Unintended Lessons * Archives + October 2009 + September 2009 + August 2009 + July 2009 + June 2009 + May 2009 + April 2009 + March 2009 + February 2009 * Other Stuff + Steve Blank + Entrepreneurship o Books/Blogs for Startups + Secret History (Read less) — From the page [...]

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