This eJournal explores the phenomenon that drives uncounted Americans — and now citizens of other nations — to create fledgling “start-up” businesses that explore and exploit the latest developments in high technology. It also investigates the closely related “venture capital” phenomenon. How investors match their funds to (hopefully) winning ideas is a big part of the start-up story.
Venture capitalists apply carefully developed techniques to evaluate start-ups before investing funds.
The development of the venture capital model empowered entrepreneurs to launch a cornucopia of high-tech start-up businesses.
Entrepreneurs must prepare appropriate business plans and negotiate carefully the venture capital system.
In an American climate that encourages entrepreneurial initiative, opportunities for young people are immense.
High-tech start-ups flourished in California’s Silicon Valley because of the region’s culture of innovation and shared information among entrepreneurs.
The growth of high-tech industries has facilitated the emergence of a creative class of young thinkers.
These photos depict “upstarts” who pulled off successful “startups” during their teens or 20s.
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