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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.

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Hear how the Lean Startup began — and helped one company find success: Episode 2 on Sirius XM Channel 111: Eric Ries and Jon Sebastiani

Steve Blank

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Taking My Class.

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How’s Venture Capital Changing in 2023

VC Cafe

For the past 10 years, with interest rates near zero, VC investors plowed record amounts into tech startups and enjoyed a seemingly ‘easy’ investing environment. Prices went up from round to round, and startups were encouraged to grow, grow, grow, and not to worry about profitability. Support emerging managers.

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Customer Development in Japan: a History Lesson

Steve Blank

The Japanese edition of The Startup Owner’s Manual hit the bookstores in Japan this week. Back in 1990’s, I was working for one of the leading sogo shohsa (trading company) in Japan, building data communications startups. The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s.

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The Lean LaunchPad Educators Class

Steve Blank

The Lean LaunchPad entrepreneurship curriculum has caught fire. Ten years ago I started thinking about why startups are different from existing companies. I wondered if business plans and 5-year forecasts were the right way to plan a startup. In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. Or read the quick, informative summary below the image!

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

Steve Blank

If we use our “startup to large company,” diagram, we can see that sustaining innovations occur within a large company’s existing management structures. Just like a startup. The diagram for managing disruptive innovation in large company looks suspiciously like starting from square one as a startup. different processes.

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