Steve Blank

SEPTEMBER 14, 2009

In this time, building a successful business meant building a company that had paying customers quarter after quarter. It did not mean building a startup into a company to flip or hype on the market with no earnings or revenue, but building a company that had paying customers. They taught you about customers, markets and profits.

Silicon Valley 223

Silicon Valley IPO Technical Review Venture Capital 223

Up and Running

JUNE 16, 2014

In 2004, Alexis Ohanian and Steve Huffman launched Reddit. This is where the ‘exit strategy’ comes in. An exit strategy is not your plan for when the business fails, but rather, your strategy for returning money to investors. To illustrate this point, there’s no better story than Reddit’s.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

YoungUpstarts

NOVEMBER 13, 2012

For years, the most desirable exit strategy for startup companies was to go public through an initial public offering. They had a phenomenal obsession with customer service and offered free shipping and returns. Google reportedly turned down buyout offers from Microsoft shortly before the 2004 IPO. Highly profitable.

IPO 162

IPO Exit Strategy San Francisco Startup 162

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

In 2004 I began blogging. I have a few contractors to do the technical side of my work and a customer support person, but that’s it. I didn’t have that contractor doing customer support. The great thing about this strategy is you already have a conversion mechanism. I don’t actually have any employees.

Technical Review 76

Technical Review Software Review Prospectus Audience 76