Do you remember tales of the hosts of Silicon Valley secretaries becoming millionaires at their garage start-ups?

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Among them are example of businesses that were once garage start-ups ( Masimo, No. 98), former mom-and-pop shops ( Gordmans Stores, No. 29), and businesses that immigrated to the United States ( IPG Photonics, No. 11).

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Ressi started the Founder Institute in 2009 in his Palo Alto, Calif. garage as a response to the financial crisis and his belief that lowering the high failure rate for start-ups could lead to an economic recovery.

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