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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

Discovery, in contrast to search, took center stage as Pinterest displayed hockey stick growth (and raised VC money near a $200M valuation in late 2011). Disruption in the Education Space: When I first started looking at education technology investments in 1999, very few VCs would go near the sector.

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Hubris Versus Humility: The $15 billion Difference

Steve Blank

In 1999, about the same time RIM introduced its first interactive pager, another advanced technology company, TiVo , shipped its first product. This results in a much slower adoption curve – the classic hockey stick. Video Recording. New Market Revenue Curve.

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Sundance and a movie about a web pioneer you may have never heard of

BeyondVC

.  As a VC, you couldn't believe them, but it didn't stop every entrepreneur from using the hockey stick projections in their business plans.    Anyway, he went to start Pseudo.com, one of the first production companies for webisodes and streaming media. 

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Customer Development Manifesto: Market Type (part 4) « Steve Blank

Steve Blank

A startup in a New Market (enabling customers to do something they never could before,) might be unprofitable for 5 or more years, (hopefully with the traditional hockey stick revenue curve,) while one in an Existing Market might be generating cash in 12-18 months.