Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model
Harvard Business Review
APRIL 5, 2018
In the Bay Area, however, small venture capitalists, many of whom were ex-engineers themselves, invested in entrepreneurs. If you have an idea to apply mature technology to a well-understood problem, it’s relatively easy to get it financed. Back east, established firms worked with big banks to launch new enterprises.
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