Steve Blank
NOVEMBER 7, 2023
Rent seekers are individuals or organizations with successful existing business models who use government regulation and lawsuits to keep out new entrants that might threaten their business models. The tech ecosystem got a rude awakening in May 1998 when the U.S. Bill Gurley’s point.)
Steve Blank
OCTOBER 4, 2010
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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Steve Blank
MARCH 18, 2011
Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model. Rules for building a company in 2011 are different than they were in 2008 or 1998. Startups began to recognize that they weren’t merely a smaller version of a large company. The New Exits.
K9 Ventures
AUGUST 13, 2010
We really were doing the i-thing before Apple came out with its first iMac in 1998. As someone who is trained in Human Computer Interaction, I had followed the concept of User Centered Design. In my mind, there are two main facets to Revenue Development: a) Business model iteration, and, b) Pricing iteration.
YoungUpstarts
JULY 22, 2015
Here’s how to change your business model in order to mitigate or leverage seasonal demand: Level out revenues. How about instead, making a scarf for the winter in a similar design to your summer wear? Mitigating Seasonality. That’s not the point. The production cost of a scarf should be similar to that of a pair of shorts.
Startup Lessons Learned
FEBRUARY 7, 2013
I started with some basic theory: that a startup is an institution designed to thrive in the soil of extreme uncertainty; that traditional management techniques rooted in forecasting and planning would not work well in the face of that uncertainty. These business model assumptions are then ripe for testing, measuring and iterating upon.
Seeing Both Sides
JULY 21, 2014
In 1998, Yom Kippur fell on September 30th. But many years later, I began to appreciate that one of our core flaws was our business model. But the downside to our business model was that we did not have hardly any recurring revenue. . 3D printers, with their consumable resins, have a similar business model.
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