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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In response to reading Eric Ries’s The Lean Startup , GE adopted Lean and built their Fastworks program around it. Instead of lean innovation programs, there is a mandate to cut $2 billion in expenses by the end of next year, lift profits and raise the dividend. Things will not stay the same at GE.”. So what happened?

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Is the Lean Startup Dead?

Steve Blank

Their idea is that consumers will want a subscription service for short form entertainment (10-minute programs) for mobile rather than full length movies. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits.

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Cracking The Code: Happy New Year 2008!

Cracking the Code

Monday, January 28, 2008. Happy New Year 2008! The second part of the year has seen a lower flow of blog posts, but part of my 2008 resolutions are to remedy to this shortfall, so be prepared for a strong 2008. 1st 2008 with a base value of 100.00 ▼ 2008. (11). Cracking The Code. Add RSS feed.

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The Virus Survival Strategy For Your Startup

Steve Blank

Next, take a look at your actual revenue each month – not forecast, but real revenue coming in each month. Subtract your monthly gross burn rate from your monthly revenue to get your net burn rate. All your assumptions about customers, sales cycle and most importantly, revenue, burn rate and runway are no longer true.

Burn Rate 436
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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” Note that these are “gross” revenue numbers. Founded in August 2008 in Palo Alto, CA, by Sam Christiansen and Keith Lee. CEO hinted to WSJ that it may go public in early 2011.

Partner 240
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1M/1M Strategy Roundtable For Entrepreneurs: Making Money From Blogs

ReadWriteStart

As a business blogger myself, I have given an inordinate amount of thought to the subject, and it has led me to create the 1M/1M Affiliate Program to support the work of media professionals who advocate entrepreneurship and innovation. One of them is the 1M/1M Affiliate Program we announced today at the roundtable.

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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. If you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program.