How to "jump start" entrepreneurship. While interesting in certain respects, the linked article omits to discuss the importance of eventual liquidity for founding investors, whether through public stock offerings or control transactions. Without liquidity for the founders, there is no seed capital beyond the family.
Oh, and there is this, which falls under our "cronywatch" mission:
In Washington, D.C., the Partnership had the idea of introducing groups of startups to groups of K-Street lobbyists. The startups, many in government-related businesses, got not just money but contacts. The lobbyists, meanwhile, were delighted to be asked to invest in something like a young technology business linked to their work, instead of in a steak restaurant or racehorse.In today's America, apparently one cannot get one's own hands dirty too early.