The tech start-up ecosystem of Silicon Valley and other major hubs, such as Austin and New York City, is similar to the Hollywood movie industry. How's that?
Young creatives, looking to launch their ideas and bring them to reality, need to wade through an arcane process. They need to tap dance with new terms and jargon. And they need to understand the subtleties of financing projects and the agreements they will one-day sign. By the way, the term "angel" investor came from film industry in the 1930s. Who knew?
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