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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

Lean 335
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New Rules for the New Internet Bubble

Steve Blank

We’re now in the second Internet bubble. What are they, how do they differ and what can startup do to take advantage of them? Paths to Liquidity: a quick history of the four waves of startup investing. If you “saw the movie” or know your startup history, and want to skip ahead click here. 1970 – 1995: The Golden Age.

Internet 334
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8 Ways The Stakes Are Higher On Customer Expectations

Startup Professionals Musings

With the advent of the Internet, social media, and instant communication via texting, customer expectations for service, as part of their entire customer experience, have changed. As well as phone support, customers expect you to accept mobile messaging, and provide quick responses via social media and multiple Internet websites.

Customer 427
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How The New General Data Protection Regulation Will Affect Online Businesses

YoungUpstarts

On May 25, 2018, the European Union implemented new Internet regulations called the General Data Protection Regulation – GDPR, for short. The new regulations replace the 1995 EU Data Protection Directive and the 1998 UK Data Protection Act. by Gabriel Shaoolian, founder of DesignRush.

Europe 100
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How The Right Employees Have An Innovation Advantage

Startup Professionals Musings

These included the PC, mobile phone, the internet, and MRI imaging. An employee of Sun Microsystems, James Gosling, created a new object-oriented programming language called Oak in 1995. Even more importantly, only two of the thirty innovations were scaled by the original creators. Later renamed Java, it now runs a world of devices.

Employee 133
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Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. The world of building profitable startups as the primary goal of Venture Capital would end in 1995.

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

Steve Blank

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company. Here’s why.

Lean 260