Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

OCTOBER 24, 2016

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. The best are agile and know how to pivot – make a substantive change to the business model while or before their market has shifted. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

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. The best are agile and know how to pivot – make a substantive change to the business model while or before their market has shifted. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 2001 – 2010: Back to Basics: The Lean Startup. The New Exits.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

AUGUST 18, 2010

Well, it just so happens that we’ve fitted Ross’s 2001 Subaru with a flux capacitor, gotten our hands on some plutonium and we’re about to hit eighty eight miles per hour! Focus on revenue from day one. Temptation to focus on growth and worry about revenue later. Customer Development is like being Agile. Lessons Learned.

Customer Development 230

Customer Development Developer Customer California 230

YoungUpstarts

JUNE 3, 2014

Look for companies that make the Best Places to Work lists and are industry leaders in revenue per employee. As companies strive to stay agile and innovative, many have discovered that units of 8 to 12 people work best as the natural size of high-performance teams. Employees endorse the company. He’s up at 4:30 a.m.

Leadership 225

Leadership Social Media Employee Agile 225

Agile VC

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. Year over year revenue growth rates are measured in multiples not percentages. VC funding for startups is drying up quickly. Survival is the order of the day.

IPO 100

IPO Early Stage Cofounder B2C 100