article thumbnail

Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search.

Lean 335
article thumbnail

16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

Hearpreneur

6- You don't have to do it all yourself Photo Credit: Rocco Del Greco When starting my advertising agency back in 1995, I believed that to be considered a legitimate business, I needed to invest in high-end printing equipment to produce color prints and large-format signage for my potential clients. Thanks to Dmitrii Kustov, RegexSeo ! .”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Berkeley were heavily funded to develop Cold War weapon systems. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. —– When I came to U.C. Seeing Is Believing.

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

The Golden Age (1970 – 1995): Build a growing business with a consistently profitable track record (after at least 5 quarters,) and go public when it’s time. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability.

Internet 334
article thumbnail

How to Hack Growth When Growth Stalls

ConversionXL

Reporting in the Harvard Business Review on a major study of growth stalls they conducted, Olson and his colleagues cite the case of the iconic brand Levi Strauss, which hit a historic high mark of sales in 1995, reaching revenue of $7 billion, but then, starting in 1996, saw a decline in sales so precipitous that by 2000, revenue was down to $4.6

article thumbnail

Four Questions To Ask Your Potential IT Partner To Ensure Effective Communication

YoungUpstarts

Agile project management, which mandates weekly communication with clients, is a great way to overcome this roadblock. 3. How often will I be able to see iterations of design and development that allow me to interact with my product in a way an end user might? What is your policy on communication? Who will represent me internally?

Partner 145
article thumbnail

The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

I think you can blame Customer and Agile Development for a small part of it. Bayh-Dole allowed for private ownership of government funded intellectual property developed in universities while the Orphan Drug Act created incentives for developing drugs for disorders afflicting fewer than 200,000 Americans. Here’s why.

Lean 258