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Why Internal Ventures are Different from External Startups

Steve Blank

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. A startup is a temporary organization in search of a repeatable, scalable business model. When companies want to innovate a new business model (vs.

Startup 327
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Can You Trust Any vc's Under 40?

Steve Blank

billion for a company with less than $50 million in sales. The Rise of Mergers and Acquisitions -– March 2003 -2008 After the dot.com bubble collapsed, the IPO market (and most tech M&A deals) shutdown for technology companies. For the next four or five years, technology M&A boomed, growing from 50 in 2003 to 450 in 2006.

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How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. The challenge is not to undermine growth by a blind focus on profits.

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30 Compelling Reasons to Start a Business

Up and Running

Starting a business comes with a lot of on-the-go lessons, but Jeremiah Boehner, a serial entrepreneur and senior director of sales at MyLikes, an advertising platform, says the most important lessons are those that teach you about yourself. “As I started my own business and haven’t looked back since.”. @TheSeasonalDiet ?.

Cofounder 165
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The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

Philip Bouchard : You’ve started teaching at Berkeley since 2002, Columbia in 2003 and at Stanford since 2011. Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. Building an entrepreneurship ecosystem. How can corporations work more closely with universities?

Incubator 331
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Growth Without Profits Isn’t A Sustainable Business

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. Myspace, for example, launched in 2003 and boomed for five years without a revenue model. The challenge is not to undermine growth by a blind focus on profits.

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4 Ways To Make Profits Part Of Your Growth Strategy

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. The challenge is not to undermine growth by a blind focus on profits.

Widget 137