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Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. The only problem is that it’s simply not true. Golder and G.

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New Rules for the New Internet Bubble

Steve Blank

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.

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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

.” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. invested, IPO’ed in 2000 for $32/share — stock price now $2. Support.com — On 2.5m

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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. Customer Development, Business Model Design and Agile Development could have changed the outcome.

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Transcript And MP3 Of My $180,000 Website Flipping Presentation

Entrepreneurs-Journey.com by Yaro Starak

It’s transformed my life in terms of the freedoms I’ve had and what kind of life I’ve been able to live and what kind of business I’ve been able to run. I got out of the university in early 2000 and I never went on to a full-time job, so it’s always been an online business for me. I own my own house.