Steve Blank

SEPTEMBER 14, 2009

They taught you about customers, markets and profits. The world of building profitable startups as the primary goal of Venture Capital would end in 1995. The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

MARCH 18, 2011

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

Internet IPO Silicon Valley Agile 334

Startup Lessons Learned

MARCH 22, 2010

For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Expo SF (May. .

San Francisco 121

San Francisco Indiana Lean Startup 121

Steve Blank

JULY 15, 2010

Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. New, agile and adroit venture firms with new business models have emerged to deal with the reality that 1) web 2.0 Suddenly there was a public market for companies with limited revenue and no profit.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

AUGUST 5, 2010

One could argue that there’s nothing new here, as Internet distibution models started in 1995. But these VC’s aren’t Lean because they fund startups with web-based distribution models. Lean VC’s are expert in on-line distribution, Agile and Customer Development.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Both Sides of the Table

MARCH 11, 2011

To say he has had an impact on the web would be an understatement. In 1995 Netscape IPO’d and browsers started to become more prevalent. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards.

Product 350

Product Tuvalu Dilution Incubator 350