Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

YoungUpstarts

AUGUST 6, 2012

Participants in the incubation program learn valuable lessons in entrepreneurial management, finding financing from incubator companies, modern office space, and fully permitted labs with a wide range of technical equipment and engineering resources.

Incubator 202

Incubator New York City Boston Intellectual Property 202

YoungUpstarts

DECEMBER 5, 2013

Social media is seen as something new that can be bolted onto existing CRM and loyalty management platforms. Of course incumbents cannot be expected to jeopardize their revenue streams or investments in CRM platforms with new concepts that wipe out the need for their current solutions. The “Horseless Carriage Syndrome”.

Programming 150

Programming Turkey Social Media Redemption 150

Version One Ventures

OCTOBER 15, 2020

Up until late August, Lightning Labs had capped the channel capacity and payment size for users of their popular implementation of the network to ~$2000 USD and ~$500 respectively to better protect user funds with experimental software. . And >40% of that revenue is coming from in-game purchases.

Networking 168

Networking Global OTC Security 168

Seeing Both Sides

AUGUST 16, 2012

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Big Data meets travel…in 2000.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

ConversionXL

MARCH 19, 2020

The best drivers apply the brakes just ahead of the curve (they take out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded). Image source ).

Marketing 121

Marketing Campaign Non-Compete Lean 121

SVPG

SEPTEMBER 30, 2016

When I first decided to start The Silicon Valley Product Group, I had just left eBay and had some very strong opinions about what makes great product teams, and great product cultures, and while there were more than a few important thinkers and leaders on these topics, one area that I felt was under-represented was the role of product management.

Product 60

Product Technical Review Software Review Engineer 60

Steve Blank

JULY 15, 2010

The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. Until 1995 startups going public typically had a track record of revenue and profits. Number of Venture Backed Liquidity Events 1991-2000.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

K9 Ventures

SEPTEMBER 8, 2015

2) New market (less common form, examples are Lyft and eShares) and 3) New business model (least common, non-K9 portfolio examples are PriceLine and SolarCity). Another company which is going to have widespread impact is eShares, eShares is going to change the way the private companies manage their equity. Frighteningly Early.

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Steve Blank

NOVEMBER 1, 2010

They made other assumptions about the type of sales channel, partnerships and revenue model they would need. And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002. Lessons Learned.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Hearpreneur

DECEMBER 15, 2017

We are a group who support mental health practitioners with office management and administrative tasks remotely. I started my business to be able to have a more flexible schedule and have something of my own. I have been working with my Partners since November 2000. It was becoming a business model destined to fail.

Entrepreneur 115

Entrepreneur Czech Republic Retention B2C 115

www.inc.com

SEPTEMBER 24, 2011

Small Business Success | Mondays and Thursdays. The Goods: Your Business Toolbox | Thursdays. Leadership & Managing | Tuesdays. Todays Small Business News | Daily. LEADERSHIP & MANAGING. Internet and Online Business. Business Software. Managing Creativity. Leadership and Managing >.

Arizona 40

Arizona Equity Iowa Venture Capital 40

www.usatoday.com

JULY 16, 2012

Americas new business model: Sharing. The dot-com boom of early 2000 saw a proliferation of similar anything-at-your-service start-ups. Struggling to manage costs, the start-up closed shop as quickly as it opened. Airbnb, Zimride, RelayRides and others have embraced the fee-per-transaction model. Game Hunters.

San Francisco 105

San Francisco Technical Review Zimbabwe New York City 105

Both Sides of the Table

MAY 23, 2012

In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. For starters we saw a huge influx of inexperienced managers enter the VC industry proving clearly that being a VC is not a purely quantitative job. The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Up and Running

MAY 16, 2016

percent in 2000 to 19.6 In 2013, North America accounted for just over 40 percent of the global home health care revenue. It is almost a given that your business will operate at a loss for the first three to six months while your client base grows and you get on a regular billing cycle with Medicare and Medicaid. population.

North America 95

North America United States Technical Review America 95

YoungUpstarts

MAY 7, 2019

BHAGs were established by management guru Jim Collins in his 1994 book “ Built to Last: Successful Habits of Visionary Companies (Good to Great) “ , co-authored with Stanford professor Jerry Porras. Reach $125 billion in sales by 2000.” billion in revenue, with a total revenue of $136.3 Business model.

Connecticut 180

Connecticut New York City New York Australia 180

Seeing Both Sides

JULY 11, 2013

The typical quota for a sales rep varies by type of business model (SaaS vs. perpetual), product gross margin (e.g., If the customer is a recurring customer, then they are more valuable and a lower quota might be tolerated, although a separate group of account reps are often accountable and paid commissions for the renewal revenue.

Sales 50

Sales Technical Review Software Review B2B 50

Steve Blank

OCTOBER 4, 2010

It was not until October 2000 that Google offered its version of a pay per click advertising system -AdWords -allowing advertisers to create text ads for placement on the Google search engine. Google is a $25 billion dollar company with most of its revenue from AdWords. Overture was acquired by Yahoo for $1.6 It’s pretty simple.

Silicon Valley 317

Silicon Valley Differentiation United States Customer Development 317

Growthink Blog

MARCH 28, 2018

Because in his lifetime, he founded and grew not one, not two, but three multi-billion dollar businesses. With three different business models. Combined with the passion and guts was an inherent foresight as to the overriding business importance of predictable customers and recurring revenue. And to delegate.

Chicago 48

Chicago Business Model Acquisition Video 48

Austin Startup

AUGUST 20, 2017

Your business works as intended if you can attract customers that fit into the context of your operation. Do they perceive enough value to pay prices that create for you a profit margin that matches your business model? Are the logistics manageable? Can you acquire them at a sustainable cost?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

BeyondVC

DECEMBER 7, 2005

Frictionless sales means reducing the pain for customers to adopt and use a service/product and consequently reducing the cost of sales and marketing to get a customer and generate revenue. As I mention in an earlier post, " The less friction you have in your sales and delivery model, the easier it is to scale.

Sales 60

Sales Java Open Source Software Review 60

www.chubbybrain.com

SEPTEMBER 28, 2011

The post-mortem of ArsDigita takes the cake for candor and illustrating in graphic detail what goes on when investors and startup management have a falling out from the startup’s perspective. spent $20 million to get back to the same revenue that I had when I was CEO. Now I just need a business model.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

Cracking the Code

NOVEMBER 13, 2008

The fact that SaaS valuations are being more affected by the downturn than the Nasdaq can be surprising given the supposed resiliency of the SaaS model (recurring revenues) but it translates the public investors belief that SMB software spend is going to be hit very hard by this recession. With this decline, the average EV/08 rev.

Software Review 48

Software Review Technical Review Valuation Portfolio 48

YoungUpstarts

JUNE 7, 2011

Back when Shah got into online marketing in the early 2000′s and made his first several thousand, Google adwords were still a fledgling avenue for internet advertising. If you apply these to your business model as Shah did, then there’s no telling what you can accomplish.

Marketing 154

Marketing Internet Salary Advertising 154

Up and Running

DECEMBER 9, 2014

One, I’m an entrepreneur or in the startup stage of a business. Two, I’m a small business owner or manager. I’m an entrepreneur or in the startup stage of a business. Two, I’m a small business owner or manager. Two, revenue. What is the hardest part of managing your finances?

Small Business 95

Small Business Finance Forecast Metrics 95

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). It’s a pain to manage payroll, unemployment, insurance, etc in one state.

Software Review 79

Software Review Startup Technical Review Vesting 79

The Next Web

DECEMBER 8, 2013

William Hsu is the co-founder and managing partner of MuckerLab. Many investors love “disruptive” businesses. This is in part because these businesses are unencumbered by legacy constraints that had previously been hardwired into the companies and industries these startups are trying to disrupt.

B2C 136

B2C B2B Demand Vertical 136

Seeing Both Sides

AUGUST 3, 2012

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. The first year of revenue (1999) was $4 million – a remarkable achievement.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

online.wsj.com

SEPTEMBER 23, 2012

Management. Small Business. The results were similar when he examined data for companies funded from 2000 to 2010, he says. How well a failed entrepreneur has managed his company, and how well he worked with his previous investors, makes a difference in his ability to persuade U.S. Manage Email Preferences.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

YoungUpstarts

OCTOBER 27, 2011

The mom-and-pop business became an instant success and its annual sales continued to skyrocket each year. In 2000, global giant Unilever bought out Ben & Jerry’s for about $326 million in order to eliminate competition with the corporation’s brands, Breyer’s and Good Humor. Wrigley Company.

Southern California 162

Southern California Las Vegas Honolulu Massachusetts 162

David Teten

JUNE 7, 2011

Until recently, most Internet innovation has centered around improvements — big improvements, but incremental ones nonetheless — to existing business models and familiar social structures: Amazon is the ultimate retail destination, Zipcar the ubiquitous rental-car agency; Meetup is a sewing circle on steroids.

Darfur 122

Darfur Sudan Cofounder United Kingdom 122

Hearpreneur

JANUARY 7, 2017

I soon found that yoga taught me 2000-year-old strategies, to be more present with my kids, be more patient with my family and feel more calm and energized at the same time! I soon got certified to teach yoga and started my Nourished Motherhood business because I knew there were many other moms out there who wanted the same kind of relief!

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

VC Cafe

JANUARY 16, 2011

Its i-nigma solution comprises of a mobile multi-barcode reader application and an integrated platform for managing barcode services. This allows customers to create, manage and track processes that include tagging of physical objects using barcodes. Established back in 2003, Comarcom Ltd. Craze Productions. Flash Networks.

Mobile 103

Mobile Securities and Exchange Commission Flash IP 103

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. I don’t have any formal business training and I actually think it’s served me well. Once you’ve done that – then.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Both Sides of the Table

FEBRUARY 17, 2010

I was living in Europe in 2000 when the first WAP phones (Wireless Access Protocol) were introduced. App is one step forward, two steps back – In 1999 I launched my first company, BuildOnline, a SaaS-based (back then we were ASP’s) content management platform for large-scale engineering and construction projects.

Flash 326

Flash Mobile Application Development Cloud 326

BeyondVC

NOVEMBER 17, 2006

According to the S-1 filing: Salary.com is a leading provider of on-demand compensation management solutions. We also sell to both individual consumers and smaller businesses through our Salary.com website. From April 2001 through June 30, 2006, we achieved 21 consecutive quarters of revenue growth. million, $0.9 million and $1.8

IPO 60

IPO Investment Bankers Demand Revenue 60

Steve Blank

JUNE 22, 2009

We Changed Our Mind In 1966, 10 years after Hewlett’s memo, Hewlett Packard’s revenue and headcount had grown ten fold; $200 million and 11,000 employees – all from test and measurement equipment. For the first 25 years HP’s business model was static. What is a company anyway?

Silicon Valley 164

Silicon Valley RSS California Agile 164