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Fairchild Semiconductor, 1st VC-backed startup

By Scott Granneman / 7 July 2006 / business, history, tech in changing society, technology / business, history, money

From Paul Graham’s “Hiring is Obsolete” (May 2005):

Startups are a comparatively new phenomenon. Fairchild Semiconductor is considered the first VC-backed startup, and they were founded in 1959, less than fifty years ago.

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