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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.

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

Steve Blank

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. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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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.

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

Steve Blank

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. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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Hubris Versus Humility: The $15 billion Difference

Steve Blank

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. 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. RIM Interactive Pager 900.

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Why The Movie Industry Can’t Innovate and the Result is SOPA

Steve Blank

1998 – the MPAA got congress to pass the Digital Millennium Copyright Act (DMCA), making it illegal for you to make a digital copy of a DVD that you actually purchased. Ironically, the six major movie studios have a great technology lab in Silicon Valley with projects in streaming rights , Video On Demand, Ultraviolet , etc.