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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.