Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Services (Cloud, ads, music) have a very different business model.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

MAY 6, 2015

It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Only after shipping and attempting to sell the product would a startup hear any substantive feedback from customers. Best practices in software development started to move to agile development in the early 2000’s.

Lean 120

Lean Agile Business Model Customer Development 120

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% and 5%” or “cost to acquire a customer between $50 and $500″ or “average monthly revenue per customer between $20 and $200.”

Business Model 120

Business Model Affiliate Startup Bootstrapping 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. Perhaps that’s because where established companies might see risks or threats, startups see opportunity. Thank you for the kind introduction. Now look around. Innovation.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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. Just like a startup. Creative Destruction.

Search 242

Search Agile Customer Development Technical Review 242

ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. Every startup has a launch party, but what happens when a startup dies?” No one is around to commemorate the life of that startup.

Technical Cofounder 96

Technical Cofounder Cofounder Video New York City 96

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. They taught you about customers, markets and profits.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

YoungUpstarts

AUGUST 6, 2012

Boasting resources for life sciences, bio-tech, medical devices, photonics, clean energy, and engineering, BU can help to incubate businesses in just about any physical technology. Only 15 technology startups are accepted at a time, but what the program lacks in quantity, it makes up for in quality.

Incubator 202

Incubator New York City Boston Intellectual Property 202

ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. Every startup has a launch party, but what happens when a startup dies?” No one is around to commemorate the life of that startup.

Technical Cofounder 60

Technical Cofounder Video Cofounder New York City 60

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. 3) Exchanges + HFTs.

Networking 168

Networking Global OTC Security 168

Steve Blank

MARCH 18, 2011

What are they, how do they differ and what can startup do to take advantage of them? Paths to Liquidity: a quick history of the four waves of startup investing. 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.

Internet 334

Internet IPO Silicon Valley Agile 334

YoungUpstarts

DECEMBER 5, 2013

I have been involved in many of these innovations, mainly through my last startup venture, a company that became the world’s leading provider of credit card loyalty solutions with bank customers in 30 countries. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue.

Programming 150

Programming Turkey Social Media Redemption 150

Scalable Startup

DECEMBER 15, 2011

There seems to be a lot of this going around these days – the “I’m just about to start a startup” category of entrepreneurs, or “I just started a startup” when they haven’t. the barriers are now very low for actually forming a business, as is the cost. micro funding ($25K). millionaires.

Angel Investor 24

Angel Investor Startup IPO Software Developers 24

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. VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Startup lifecycle in an IPO Market.

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). Direct Revenue, meaning no three-way business models and no advertising, media, or content. How much do you put into each startup?

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Both Sides of the Table

JUNE 22, 2011

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. Ah, but today’s Internet companies have real revenue! Those with strong business models suddenly stand out when the tide goes out. and profits!

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

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 ). Learn from forced efficiency.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Austin Startup

AUGUST 20, 2017

August 20, 2017: This is another in my series of posts all leading up to a book on Startup Decision Making. One of the most common mistakes I see in startups is making decisions that lose sight of the context , including the past, present, and future. Sooner or later everybody in a startup knows what everyone else is getting paid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Both Sides of the Table

MAY 23, 2012

I can’t help feel a bit of rear-view mirror analysis in all of “VC model is broken” bears in our industry. I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us. Thank you, Aaron Sorkin!

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

This is going to be BIG.

NOVEMBER 7, 2011

"Every investor and entrepreneur knows there is something scary about the current startup economy. At least nine out of ten high-quality angel-funded startups face an unnecessary death, because there is no Series A money to help them survive critical expansion. Is 2012 going to be 2000 all over again? Are we in a bubble?

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Eric Friedman

JANUARY 4, 2017

With CES in full swing, I have been thinking more about hardware businesses that have a SaaS component for ongoing revenue and support. 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?

Non-Compete 74

Non-Compete Business Model Green Revenue 74

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]. This one phrase became the theoretical underpinning of the out-of-control spending of startups during the dot-com bubble. First to have a working model.

Silicon Valley 317

Silicon Valley Differentiation United States Customer Development 317

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

Witness, for example, this terrific Fast Company article on Bill Nguyen , serial entrepreneur who’s seventh startup “Color” famously raised $41m for a new mobile app before it even launched. invested, IPO’ed in 2000 for $32/share — stock price now $2. The launch, by the way, was a failure. Surely not.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Up and Running

MAY 16, 2016

If any of this speaks to you, you could be an excellent candidate to start a home health care business. See Also: Business Startup Checklist. percent in 2000 to 19.6 In 2013, North America accounted for just over 40 percent of the global home health care revenue. What do we mean by “home health care”?

North America 95

North America United States Technical Review America 95

www.inc.com

SEPTEMBER 24, 2011

Advisor. ); STARTUP. Writing A Business Plan. Running A Home-Based Business. Naming a Business. Financing a Small Business. Buying a Small Business. RUNNING A BUSINESS. Jumpstart was one of Grahams first clients; it signed on shortly after he founded Arizona Bay, in 2000. Email address: Home.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Steve Blank

MAY 5, 2016

It gets you to a business faster. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. There’s a Death Valley of startups trying to do business with schools and teachers. I’ve seen it before.

Brazil 158

Brazil Entrepreneur Cleveland Cofounder 158

Steve Blank

MAY 5, 2016

It gets you to a business faster. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. There’s a Death Valley of startups trying to do business with schools and teachers. I’ve seen it before.

Brazil 120

Brazil Entrepreneur Cleveland Cofounder 120

crowdSPRING Blog

MAY 1, 2013

But marketing, when planned and executed correctly, can also lead to more sales and revenue. Although few small businesses rely on television and radio advertising to reach their target audience, some try (often without much success). Related posts: 5 Tips To Get Your Small Business Online.

Small Business 107

Small Business Marketing Affiliate PPC 107

Austin Startup

MARCH 31, 2010

It’s also financially rewarding, with up to $2000 in rewards for a great idea. The current business model for expert consultants is a brick and mortar industry with revenues of about 1/2 a Billion dollars per year. For gurus, this is a great way for them to further extend their brand and monetize their expertise.

Elevator Pitch 63

Elevator Pitch Curation Vertical Bootstrapping 63

www.chubbybrain.com

SEPTEMBER 28, 2011

Analyzing 32 Startup Failure Post-Mortems to Find the 20 Top Reasons that Startups Fail. We’d previously highlighted the top startup failure post-mortems of all-time here (32 in total) written by a group of startup entrepreneurs gracious enough to share their lessons learned from their startup’s failure.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

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. They were frustrated that despite having the (monopoly) infrastructure that brought you the Internet, the majority of innovation and profits went to Silicon Valley startups. Apple wants to take a major share of the revenue.

Flash 326

Flash Mobile Application Development Cloud 326

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

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

maplebutter.com

JANUARY 8, 2013

189 Answers To The Top Startup Questions On Your Mind. 189 Answers To The Top Startup Questions On Your Mind. Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. I love startups. Here’s my high-level approach for startups. No, I have many ideas.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

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.

Silicon Valley 164

Silicon Valley RSS California Agile 164

SVPG

SEPTEMBER 30, 2016

So when Microsoft released the most "full-featured word processor ever for the Mac" that crawled on their Macs -- we're talking literally two minutes to startup-- the community immediately started posting in newsgroups that Microsoft was actually trying to "kill the Mac.". The title is not important; the work they do is.

Product 60

Product Technical Review Software Review Engineer 60