#+title: Section 4 | Lesson 23 - VC History is Crucial to Review
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* Links
- [[./../mba-main.org][TOC | Business]]
- [[https://www.udemy.com/course/an-entire-mba-in-1-courseaward-winning-business-school-prof/learn/lecture/4282862#overview][S04:L23 - VC History is Crucial to Review]]

* Notes

Venture Capital History

** Cold War
- fear of Soviet Union Communism led to creation of Venture Capitalism
- US invested in weapons technologies
  - database was created by Oracle on behalf of the CIA
  - GPS for missile technology
  - Palantir (largers employer in Palo Alto) financed by CIAs VC division

** Peace Movement
- San Francisco youth rebelled
  - Berkely
  - Stanford
- Stanford got rid of all weapons research
- Stanford allowed students and teachers to create business models and make money