Steve Blank

SEPTEMBER 5, 2018

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

Lean Burn Rate Startup IPO 335

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO).

Founder 256

Founder Technical Review CTO Hire IPO 256

Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. 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. 1970 – 1995: The Golden Age. The world of building profitable startups ended in 1995. Carpe Diem.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. In 1980 Genentech became the first IPO of a venture funded biotech company. Here’s why.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

Startup Lessons Learned

MARCH 22, 2010

The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an Internet connection. For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. Expo SF (May. Conference streaming, sponsors, discounted tickets.

San Francisco 121

San Francisco Indiana Lean Startup 121

Agile VC

OCTOBER 1, 2013

I believe we’re going to look back in 2-5 years and realize that we’ve been in a once a decade boom for internet & software startups. In the tech sphere, a good bit of air was let out of the tires when the hype around some consumer-facing internet companies proved transitory.

IPO 147

IPO Cloud Valuation Mobile 147