Steve Blank

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Can You Trust Any vc's Under 40?

Steve Blank

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Tech acquisitions went crazy at the same time the IPO market did. And some companies didn’t even have to go public to get liquid.

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The Air Force Academy Gets Lean

Steve Blank

In 2007, I graduated United States Air Force Academy as a computer engineer and entered the Air Force’s acquisition corps , excited and confident about my ability to bring technology to bear for our airmen. Graduation day with classmate Joseph Helton (right), killed in action in Iraq in 2009.

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Lean Startups aren't Cheap Startups

Steve Blank

What’s the customer acquisition cost? Filed under: Customer Development , Customer Development Manifesto « The Secret History of Silicon Valley 12: The Rise of “Risk Capital” Part 2 Raising Money Using Customer Development » 8 Responses Jake Lumetta , on November 2, 2009 at 10:49 am Said: Great post.

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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) 3 , on August 31, 2009 at 12:48 pm Said: [.]

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

Dave McClure’s AARRR metrics and Andrew Chen ‘s specifics on freemium models, viral marketing, user acquisition and engagement both offer examples of exit criteria for Customer Discovery and Validation for startups on the web. Reply Nivi , on November 16, 2009 at 9:47 am Said: Great stuff. Great quote.

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Why Uber is The Revenge of the Founders

Steve Blank

But the majority of technology companies that went public circa 1979-2009, with professional VCs as their investors, faced this challenge. Facebook’s ~$20 billion acquisition of WhatsApp, a 5-year-old startup that had $10 million in revenue, made no sense until you realized that Facebook was paying to acquire 300 million new users.).

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Rocket Science 5: Who Needs Domain Experts

Steve Blank

Filed under: Customer Development , Rocket Science Games | Tagged: Steve Blank , Entrepreneurs , Early Stage Startup « Rocket Science 4: The Press is Our Best Product Burnout » 7 Responses Steve , on July 16, 2009 at 9:10 am Said: Steve, This is an excellent post. Vision and $1.65