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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
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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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Why Uber is The Revenge of the Founders

Steve Blank

— 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. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue.

Founder 273
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New Rules for the New Internet Bubble

Steve Blank

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. 1970 – 1995: The Golden Age. The world of building profitable startups ended in 1995. August 1995 – March 2000: The Dot.Com Bubble.

Internet 334
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10 Tests of Your Modern Entrepreneur Lingo Savvy

Startup Professionals Musings

Super-angel investors are a new category of investors (like Mike Maples Jr. ), closer to venture capitalists, who are perceived to be more sophisticated, insightful, or well-connected in the startup community, particularly with respect to technology companies in Silicon Valley and other technology centers (also called micro-VCs).

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

Steve Blank

When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. One could argue that there’s nothing new here, as Internet distibution models started in 1995. Here’s why. Electron-based Venture Capital.

Lean 262
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Game On

Reid Hoffman

because you found more gold, or reached a revenue target. Catan, published in 1995, became an international hit, and popularized the German game genre throughout the world, including in America. This maps well onto entrepreneurship in Silicon Valley. But you don’t say, “I won!”