Remove 1998 Remove Customer Development Remove Design Remove Silicon Valley
article thumbnail

Why Pioneers Have Arrows In Their Backs

Steve Blank

Over time the idea that winners in new markets are the ones who have been the first (not just early) entrants into their categories became unchallenged conventional wisdom in Silicon Valley. The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. By then it was too late.

article thumbnail

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

Steve Blank

Being designated as a Torch Program startup gave banks comfort to provide loans to these ventures for technology commercialization. But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. Like the U.S. Lessons Learned.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Customer Development , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development.

Internet 334
article thumbnail

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

Steve Blank

Being designated as a Torch Program startup gave banks comfort to provide loans to these ventures for technology commercialization. But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. Like the U.S. Lessons Learned.

article thumbnail

Hubris Versus Humility: The $15 billion Difference

Steve Blank

These new cellular phone networks were built around two-way circuit switched technology designed to move voice calls without interruption. In 1998 RIM quickly followed this up with a next generation product with an 8-line display, ran on AA batteries and would last 500 hours. Filed under: Customer Development , Market Types.