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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. These local governments financially supported the startups because, by locating in these zones, the new ventures were seen as contributing to local economic development. It went bankrupt in 1997.).

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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. 4:30 How did you come up with the idea of customer development? 33:15 Thank you to Detroit Venture Partners for supporting the show. 37:45 Let’s talk about the dichotomy between customer development and Y Combinator?

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. These local governments financially supported the startups because, by locating in these zones, the new ventures were seen as contributing to local economic development. It went bankrupt in 1997.).

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Hubris Versus Humility: The $15 billion Difference

Steve Blank

In 1997, RIM introduced the first packet-switched messaging device. In today’s language of Customer Development , RIM positioned the Blackberry as a segment of an existing market – pager users who needed two-way communication. The TiVo CEO hated the idea that customers might think of TiVo as a better VCR.

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Business Plans Are An Historical Artifact

Feld Thoughts

I went on to create a company, with my partner Dave Jilk, that bore very little resemblance to that business plan. By 1997, when I started investing as a venture capital investor, I was no longer reading business plans. The textbook for the course was Jeffry A. In the 1990s, business plan competitions were all the rage.

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Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

And one would become my mentor and partner in later companies.) Filed under: Customer Development , Family/Career , Technology | Tagged: Steve Blank , Entrepreneurs , Tips for Startups « Am I a Founder? Two of my role models for my career were in this company. (And But this story is not about Convergent.