Sebastian Mallaby on the Rise of Venture Capital and Their Impact on the World
Macro Hive Conversations With Bilal Hafeez
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The Value Add of Venture Capital Firms to Entrepreneurs
In 1957, Arthur Rock was a broker on Wall Street. He got this invitation to come and see a group of the time seven engineers who wanted to quit a fledgling semiconductor company. And that became Fairchild Semiconductor, which was then the sort of parent company for Intel. In 1961, he formed his own equity vehicle to do venture stakes.
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