Steve Blank

SEPTEMBER 14, 2009

Venture Capitalists on your board developed the expertise to get your firm public as soon as possible using whatever it took including hype, spin, expand, and grab market share because the sooner you got your billion dollar market cap, the sooner the VC firm could sell their shares and distribute their profits. So what’s left?

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Steve Blank

MARCH 18, 2011

There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. 2001 – 2010: Back to Basics: The Lean Startup. Tech IPOs were a receding memory, and mergers and acquisitions became the only path to liquidity for startups. Wide Adoption. Visibility.

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abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. Benchmark is an investor in Rover through a merger with DogVacay in 2017). annual GMV.

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