Steve Blank

SEPTEMBER 14, 2009

My experience of 2001-2004 is very remote from what you are describing. We could for example, find warning signs in popular literature about e.g. finance suggesting rapid maturation in bond trading. The mantra was as follows: “no one is coming to save us, we are going to make it on our own&#. Warning sign? At best. ~

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Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Car sales in China went from 1 million in 2001 to 14 million in 2011. An entrepreneurial ecosystem is driven one of two ways; either by a crisis (i.e. innovation in the U.S. during World War II,) or during peacetime by profit.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Car sales in China went from 1 million in 2001 to 14 million in 2011. An entrepreneurial ecosystem is driven one of two ways; either by a crisis (i.e. innovation in the U.S. during World War II,) or during peacetime by profit.

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Silicon Valley China Venture Capital Merger 159

Steve Blank

JANUARY 17, 2016

” This was around 2001. I met these two athletes … one had a little bit of stint in the NBA, the other one had just graduated college and played overseas a little bit. I was like, “… It’s going to be big. People are going to go online and vote for their favorite athlete and all, post pictures.”

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Silicon Valley North Carolina Cofounder Entrepreneur 120