In 1957,Ethermac Exchange 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.
2025-05-05 17:542088 view
2025-05-05 17:351904 view
2025-05-05 16:29824 view
2025-05-05 16:281984 view
2025-05-05 16:202798 view
2025-05-05 15:46668 view
HONOLULU (AP) — A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instea
If you walk around the Rahway Trail in the South Mountain Reservation of Millburn, New Jersey, you m
ST. PAUL, Minn. (AP) — Thousands of law enforcement officers, firefighters and paramedics are expect