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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

As AnnaLee Saxenian explains in her study of the rise of the computer industry in the Bay Area, Regional Advantage , this transaction in large part became the model for the Silicon Valley way of doing business. In the Bay Area, however, small venture capitalists, many of whom were ex-engineers themselves, invested in entrepreneurs.