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The VC-based startup money engine was much smaller in 1971. There were very few executives rich from an exit.
by grajaganDev 2y ago
The VC-based startup money engine was much smaller in 1971.
There were very few executives rich from an exit.
- ajross 2y agoSo was the effect. The change in 1971 was an inflection point in the first derivative. In point of fact, ~1971 seems to be almost exactly when this started. For reference, the term "Silicon Valley" was first used in print in 1971!