article thumbnail

8 New Ways To Focus On Customers For Trust And Profit

Startup Professionals Musings

Customer expectations of a relationship and personalization are stretching every business today, and pervasive use and confidence in social media by customers can override all your image building and marketing messages. Of course, part of the change is that Gen Z (born after 1996) now outnumbers the Millennials (born after 1981).

Customer 334
article thumbnail

Why Internal Ventures are Different from External Startups

Steve Blank

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. A startup is a temporary organization in search of a repeatable, scalable business model. When companies want to innovate a new business model (vs.

Startup 327
Insiders

Sign Up for our Newsletter

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

article thumbnail

Revenue Development

K9 Ventures

In 1996, when I started my first company, SneakerLabs, Inc., It wasn’t that they didn’t want to pay, but for anything above a certain dollar amount, it had to be a committee decision, and Universities are a notoriously bad market to crack (probably second to the government). Can you build a sustainable business at that price point?

Revenue 72
article thumbnail

Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

capital markets are essential and intimately linked to new funding commitments to basic scientific research. The article cites the extraordinary decline of Bell Labs over several decades as an example of the model that we must seek to restore, and he makes other basic points about the decline in our nation’s R&D efforts.

IPO 38
article thumbnail

The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

There are times when small and slow is the right strategy for a specific market opportunity. When the market conditions are right, you should blitzscale for the benefit of all stakeholders: customers, employees, investors, and society. Blitzscaling is a response to market dynamics, not the cause.

article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. OneBox.com — On $60m invested, sold for $850m 18 months after launch to J2 just before market crash — score! Support.com — On 2.5m invested, IPO’ed in 2000 for $32/share — stock price now $2.

IPO 240
article thumbnail

Front End Developer Resume, An 11-pound Notebook, A 2-pound.

Software By Rob

Perfect business model! Front End Developer Resume, An 11-pound Notebook, A 2-pound Netbook, and Internet 1996 | Software by… [.] Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. “Front-End Developer&# Resume – Awesome. inch screen that slides out of a 17-inch screen). at 4:07 pm [.]