Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. These misses weren’t in some tangential markets – missing search, mobile and the cloud were directly where Microsoft users were heading. Execution and Organization of Core Businesses. What’s Missing?

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. These misses weren’t in some tangential markets – missing search, mobile and the cloud were directly where Microsoft users were heading. Execution and Organization of Core Businesses. What’s Missing?

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

MARCH 17, 2020

But next the question is, ‘What happens to my business?”. The questions every startup or small business CEO needs to ask now are: What’s my Burn Rate and Runway? What does your new business model look like? This math works in a normal market…. Unfortunately, it’s no longer a normal market. Laying off people?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

Steve Blank

MAY 6, 2015

Best practices in software development started to move to agile development in the early 2000’s. Luckily Alexander Osterwalder’s business model canvas presents a visual overview of the nine components of a business on one page. activities necessary to implement the business model. Microsoft Windows 3.0).

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

MARCH 31, 2014

I’m honored to be at a university noted for knowledge, and in a city with 2000 years of history – home of Gaudí one of the 20 th century’s greatest innovators. Think about this; 7 years ago Nokia owned 50% of the handset market. Its worldwide market share of Smartphones has dwindled to 5%. Now look around.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

A Smart Bear: Startups and Marketing for Geeks

JANUARY 13, 2015

Often your best estimate of any metric or market behavior or business model component is at best accurate within a power of ten, for example “expected conversion rate between 0.5% Question: How big does this company’s target market need to be? Bigger markets make things easier. So what can be shifted?

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Steve Blank

JUNE 3, 2010

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. outpace an existing company’s business model. You want to start executing the business model. Companies have a fairly predictable life cycle.

Search 242

Search Agile Customer Development Technical Review 242

Steve Blank

SEPTEMBER 14, 2009

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Both Sides of the Table

JUNE 22, 2011

They have seen one side of a market where many of us have seen the ebb and flow multiple times. Still, market amnesia by ordinarily rational actors always surprises me. I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Start Up Blog

DECEMBER 31, 2018

Podcast Series of the year: The Dream by Stitcher is a brilliant review of the history of Multi-Level Marketing (MLMs), pyramid selling and their total dodginess. The ironic thing about these MLMs is that the philosophy they sell is all true (in relation to business success), but the business model they attach to it is a total fraud.

Software Review 48

Software Review Technical Review Artificial Inteligence Software 48

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. . But that’s a discussion for another time ?? . 2) Gaming . At least not yet.

Networking 168

Networking Global OTC Security 168

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). At K9 we focus on the first two, either core new technologies and technology platforms or new markets. We don’t have categories of interest.

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Steve Blank

JULY 15, 2010

The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. 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. Here’s why. Source: NVCA.).

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

The Startup Magazine

SEPTEMBER 2, 2021

In 2021, the startup landscape looks much different than it did in 2000. Traditional business models have changed as globalization takes hold on a global scale, and technology changes our lives day by day. For starters, there are more startups. The number of new companies that launched each year has increased 234% since 1990.

Startup 127

Startup Social Media Global Incubator 127

Steve Blank

MARCH 18, 2011

The Golden Age (1970 – 1995): Build a growing business with a consistently profitable track record (after at least 5 quarters,) and go public when it’s time. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability.

Internet 334

Internet IPO Silicon Valley Agile 334

View from Seed

SEPTEMBER 19, 2019

One of the tactical moves that I observed USV employ during the mid 2000’s was targeting a relatively lower percentage than their peers. One thing I’ve really come to appreciate in recent years is how much one’s business model drives everything else about a company.

Dilution 136

Dilution Early Stage Business Model Founder 136

Duct Tape Marketing

FEBRUARY 28, 2022

How To Survive And Profit From Radical Change written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Jonathan Brill. In this episode of the Duct Tape Marketing Podcast , I interview Jonathan Brill. More About The Duct Tape Marketing Consultant Network: Check it out here. Like this show?

Technical Review 62

Technical Review Networking United States Artificial Inteligence 62

YoungUpstarts

DECEMBER 5, 2013

CRM became more sophisticated, resulting in detailed monthly statements and targeted direct marketing. Add in sponsorships with payment brands (kind of like the co-branded credit card business model) to eliminate remaining costs and fund additional word of mouth advertising. While all this was true, something else was going on.

Programming 150

Programming Turkey Social Media Redemption 150

Entrepreneurs-Journey.com by Yaro Starak

MAY 15, 2013

Tweet During the dot com boom around the year 2000, and the years that followed it (this was before I started blogging in 2004), I was a guy in his early twenties looking for a business idea to make my riches with online.

Business Model 109

Business Model Internet Restful Marketing 109

Pascal's View

SEPTEMBER 7, 2009

capital markets are essential and intimately linked to new funding commitments to basic scientific research. The article cites the extraordinary decline of Bell Labs over several decades as an example of the model that we must seek to restore, and he makes other basic points about the decline in our nation’s R&D efforts.

IPO 38

IPO Venture Capital America Marketing 38

Reid Hoffman

MARCH 19, 2019

There are times when small and slow is the right strategy for a specific market opportunity. When the market conditions are right, you should blitzscale for the benefit of all stakeholders: customers, employees, investors, and society. Blitzscaling is a response to market dynamics, not the cause.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

crowdSPRING Blog

MAY 1, 2013

Many small business owners and young entrepreneurs are intimidated by marketing. There’s a good reason for this: marketing is expensive, can be time-consuming, and can be a waste of time. But marketing, when planned and executed correctly, can also lead to more sales and revenue. Online Marketing.

Small Business 107

Small Business Marketing Affiliate PPC 107

Feld Thoughts

MARCH 12, 2014

We learned this dynamic in the early 2000’s with our investment in ServiceMagic. We loved the two founders, Michael Beaudoin and Rodney Rice, but knew very little about marketplace businesses or the home improvement category. Complete lack of interest in marketing nonsense and overpromotion. Some get it; many don’t.

Seattle 149

Seattle Metrics Cofounder Finance 149

Duct Tape Marketing

NOVEMBER 9, 2017

Transcript of Get Rich Today by Teaching written by John Jantsch read more at Duct Tape Marketing. In this episode with Danny Iny, we’re going to talk about Teach and Grow Rich, and how to build courses to grow your business. Hello and welcome to another episode of the Duct Tape Marketing Podcast. Back to Podcast.

Bandwidth 36

Bandwidth Cost Audience Video 36

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. They looked nervous at having to speak with me impromptu and without the benefit of financial figures to scoff at, product pitches that they’ve seen 100 times and a market sizing to unpick. Page 1: Market Size. $3 Page 4: Business Model. I wasn’t feeling it.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Ben's Blog

DECEMBER 13, 2010

Gaurav Dhillon was one of the great enterprise entrepreneurs of the ‘90s and early 2000s. He founded and ran the premier integration company of the era, Informatica, took it public and built it into the number one company in the market. The market change: Software as a Service. Informatica is currently worth over $4B.

Technical Review 77

Technical Review Memphis Software Review Software 77

Steve Blank

OCTOBER 4, 2010

The phrase “first mover advantage” was first popularized in a 1988 paper by a Stanford Business School professor, David Montgomery, and his co-author, Marvin Lieberman. [1]. Tellis had a much more accurate description of what happens to startup companies entering new markets. [3] First to have a working model. Product Pioneer.

Silicon Valley 317

Silicon Valley Differentiation United States Customer Development 317

YoungUpstarts

AUGUST 16, 2019

But there’s a huge difference between a small, traditional company and the digitally native powerhouses we consider models of this digital age. The key is looking at your own business — and finding the business model that fits — to chart the best course. And then in the middle 2000’s Domino’s began a sharp decline.

Philippines 124

Philippines Business Model Engineer Operations 124

Startup Professionals Musings

AUGUST 21, 2011

People and operational excellence have to converge in every business, large or small. Microsoft found this out last year when their market capitalization, once at $560 billion in the year 2000, had fallen to $219 billion, allowing them to be passed by Apple at $222 billion, who grew from $15.6 billion during the same period.

Architecture 250

Architecture Startup Operations Metrics 250

www.usatoday.com

JULY 16, 2012

Americas new business model: Sharing. But the ventures launched in recent years with gobs of venture-capital funding and targeting niche markets have accelerated the movement with user-friendly designs and a tight knit to social networks Facebook, LinkedIn and Twitter. Game Hunters. Jinny Gudmundsen. Marc Saltzman. Science Fair.

San Francisco 105

San Francisco Technical Review Zimbabwe New York City 105

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Eric Friedman

JANUARY 4, 2017

I take a positive approach which is; how can this business model affect small startups entering this space, and what can we learn from building businesses this way? Can a locked in monthly SaaS fee cover the business model needs of a new startup to compete with a large hardware co? What am I missing?

Non-Compete 74

Non-Compete Business Model Green Revenue 74

Steve Blank

OCTOBER 3, 2016

These seem like small things, but they turn out to be really important, because as you’re pivoting, changing your business model and changing your product, there need to be some things that are stable to keep people on the same page. You may be in the wrong market at first. You may be in the wrong product at first.

Cofounder 274

Cofounder Silicon Valley Entrepreneur EC2 274

Steve Blank

OCTOBER 3, 2016

These seem like small things, but they turn out to be really important, because as you’re pivoting, changing your business model and changing your product, there need to be some things that are stable to keep people on the same page. You may be in the wrong market at first. You may be in the wrong product at first.

Cofounder 274

Cofounder Silicon Valley Entrepreneur EC2 274

Scalable Startup

DECEMBER 15, 2011

innovation is heavily suffering right now – almost anything is a business model. when many vaporware and vapor-businesses crash or fade away they leave damage, possibly fueling the recession (remember 1999-2000? whenever investors jump in late (now) many bad things happen.

Angel Investor 24

Angel Investor Startup IPO Software Developers 24

Steve Blank

APRIL 15, 2011

This week they were testing one of the most confusing sections of a company’s business model – Customer Relationships - the activities used to “Get, Keep and Grow” customers in a physical or virtual (web or mobile) channel. Using the business model canvas, the changes to their business were obvious.

Customer 247

Customer Cloud EC2 Channel 247

Austin Startup

AUGUST 20, 2017

Are they consistent with your founding team, are they competitive in the market, and will they not create precedents that you’ll regret in the next round of hiring? Your business works as intended if you can attract customers that fit into the context of your operation. How about your Marketing Plan ? Don’t be the plaid guy.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48