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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

Lean 335
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Customer Development in Japan: a History Lesson

Steve Blank

To celebrate the debut of the Japan edition of “The Startup Owner’s Manual” and to express great thanks to Steve and his co-author Bob Dorf, I would like to reflect back what first drew me to this book and offer Steve’s worldwide readers a look at the progress of Customer Development and the Lean LaunchPad class in Japan.

Japan 296
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The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

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. Companies have a fairly predictable life cycle.

Search 245
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Can You Trust Any vc's Under 40?

Steve Blank

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.

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Teaching Customer Development and the Lean Startup – Topological Homeomorphism

Steve Blank

Berkeley’s Haas Business School since the fall of 2004 and in a joint MBA with Columbia since 2005. Back in 2004, Jerry Engel the head of the Entreprenuership program at Haas Business School at U.C. While the Customer Development class was cutting edge theory in 2004, by 2009 the class was getting stale.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

Business model: o They bought a lot of ad inventory (banner ads/advertising) driving people to signup forms, converting (fill out form) and sold leads, o Initial strategy was first comparison shopping and then monitoring and upselling on more savings. . He typed lowermybills.com was not registered and available so he bought it.

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What do investors REALLY want?

Up and Running

You ask a question related to starting a business and for the next few weeks, every Monday, we will provide the answer. QUESTION: Should I send out market research surveys prior to approaching an investor? Also, how safe is it to pitch my business idea to an investor? In 2004, Alexis Ohanian and Steve Huffman launched Reddit.