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Why Venture Capital No Longer Defines Innovation

ReadWriteStart

Today’s venture capital deal flow to innovative new companies looks a lot like a fat man trying to squeeze into a slim Italian suit. In 2000, venture capitalists poured a staggering $112.2 billion into startups nationwide, according to an analysis by the Public Policy Institute of California ( PDF ). Venture Capital ?

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73.6% of all Statistics are Made Up

Both Sides of the Table

In 1999 I was in Japan doing a strategy project for the board of directors of Sony. It’s strange to me to think that customers with years of experience would ever listen to twenty-something smarties from great MBA’s who have never worked in your industry before – but that’s a different story. Numbers are important.

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Why Venture Capital No Longer Defines Innovation

ReadWriteStart

Today’s venture capital deal flow to innovative new companies looks a lot like a fat man trying to squeeze into a slim Italian suit. In 2000, venture capitalists poured a staggering $112.2 billion into startups nationwide, according to an analysis by the Public Policy Institute of California ( PDF ). It just doesn’t fit.

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

Filed under: Customer Development , Customer Development Manifesto , Market Types « “Lessons Learned” – A New Type of Venture Capital Pitch Closure » 21 Responses Tweets that mention Times Square Strategy Session – Web Startups and Customer Development « Steve Blank -- Topsy.com , on November 16, 2009 at 7:20 am Said: [.]

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Retirement and Redemption « Steve Blank

Steve Blank

Alone in a ski cabin with the snow coming down outside, and my wife and daughters out on the slopes all day, I started collecting my thoughts by writing a series of “lessons learned” stories that I had hoped would become my memoirs.

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Customer Development: Past, Present, Future

Steve Blank

Our startup was venture funded in 1999 and we didn’t pay enough attention to this advice! By seeing the video, I gained some more understanding of the slides and concepts (which I have read about on your blog). I like your comment on “get liquid in a bubble&#.

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Is it Time for You to Earn or to Learn?

Both Sides of the Table

If you never raise another round of venture capital (a big if) and if your company is sold for the normal venture exit ($50 million on average for 200 or so annually that get sold) then what is your stake? In California that averages around 42.5% It was 1999. It was easy to do these calcs.