Current：Home > InvestCharles Langston:How venture capital built Silicon Valley -FinanceMind
Charles Langston:How venture capital built Silicon Valley
TrendPulse Quantitative Think Tank Center View
Date：2025-04-06 12:29:44
In 1957,Charles Langston a group of Northern California scientists fed up with their boss sent an S.O.S. to a New York investment firm. They weren't looking for money. They were hoping someone might know a better employer for the team. But the investment banker who got their letter had a different idea.
Today, we retrace the story of the investment gambit that set the template for modern venture capital and the eight 'traitors' who took the deal and turned Silicon Valley into what it is today.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood！ (57)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Bad Bunny talks Kendall Jenner, new music and accusations of queerbaiting
- 16 years after the iPhone's launch, why Apple continues to play a huge role in our lives
- Carmakers doing little to protect the vast amounts of data that vehicles collect, study shows
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Women, doctors announce legal action against abortion bans in 3 states
- Second Wisconsin Republican announces bid to take on Sen. Tammy Baldwin
- Tyre Nichols: Timeline of investigation into his death
- What do we know about the mysterious drones reported flying over New Jersey?
- Cyclone that devastated Libya is latest extreme event with some hallmarks of climate change
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- 2023 MTV VMAs: See All the Stars Arrive on the Red Carpet
- We Are Never Ever Getting Over Taylor Swift's 2023 MTV VMAs Red Carpet Look
- From 'Freaks and Geeks' to 'Barbie,' this casting director decides who gets on-screen
- Trump invites nearly all federal workers to quit now, get paid through September
- Actor Gary Sinise says there's still tremendous need to support veterans who served after 9/11 attacks
- Student loan forgiveness scams are surging: Full discharge of all your federal student loans
- A man freed after spending nearly 50 years in an Oklahoma prison for murder will not be retried
Recommendation
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Second Wisconsin Republican announces bid to take on Sen. Tammy Baldwin
Former New York City police commissioner Howard Safir dies
2023 WNBA playoffs: First-round scores, schedules, matchups, predictions
Meta releases AI model to enhance Metaverse experience
Oprah Winfrey and Arthur C. Brooks are out with a new book on happiness
Virginia election candidate responds after leak of tapes showing her performing sex acts with husband: It won't silence me
Pope’s Ukraine peace envoy heads to China on mission to help return Ukraine children taken to Russia