Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

SEPTEMBER 14, 2009

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. 2009 – Back to The Future The bad news is that since the bubble most VC firms haven’t made a profit. So what’s left?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)

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Customer Silicon Valley RSS California 195

venturedig.com

NOVEMBER 1, 2009

The business models within the social media realm are much different than traditional businesses. Reason : as soon as someone sits down to outline ways social networks can be monetized, another model emerges, and another model ceases. Display Ads: This is your bread and butter business model.

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Social Network Business Model Networking CPA 55

ReadWriteStart

JANUARY 25, 2020

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? It’s the extent of this phenomenon that has resulted in soaring businesses across the world. By 2009, the success of this ecommerce model was more evident. million annual customers.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

David Cohen

AUGUST 22, 2012

.” In researching my answers for the WSJ reporter, I dug up some data on TechStars companies over the last several years that use the freemium model. It’s interesting that in 2009 there was a peak for our companies in use of the freemium model. Since 2009, people have consistently been pronouncing the model dead.

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YoungUpstarts

SEPTEMBER 16, 2014

billion acquisition of Sweden-based software company Mojang, the developer behind the popular building game ““Minecraft”, which has sold over 100 million copies since its release in 2009, illustrates the degree to which Microsoft CEO Satya Nadella’s long-term vision for Microsoft is taking root at that company. Microsoft’s $2.5

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Acquisition Azure Merger Sweden 157

The Equity Kicker

AUGUST 29, 2012

The point of Alan’s post is to say that whilst having a freemium business model works for some companies it is not as widely applicable as everyone (including me) thought a couple of years back. If a merchant wanted to bill more than 50 customers monthly, then the business owner would have to start paying $49 a month.

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Bankruptcy Software Review LLC Business Model 100

Steve Blank

NOVEMBER 13, 2012

After that meeting, I started working on the translation word by word over a number of weekends and published the Japanese edition of “The Four Steps Epiphany ” in May 2009 (now in its third printing.) Some have actually established new startups with tested business model hypotheses under their belt.

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Steve Blank

JUNE 3, 2010

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.

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Search Agile Customer Development Technical Review 242

Steve Blank

JUNE 25, 2009

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. rick , on June 25, 2009 at 8:57 am Said: Great post.

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Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

APRIL 30, 2009

Reply Bill Allred , on May 1, 2009 at 10:46 am Said: This is a really common pitfall. Reply Niall Smart , on May 2, 2009 at 12:20 am Said: Great story – your point about snazzy design vs. actual impact is still relevant in the context of spending money on outsourced web graphic design. demand creation strategy).

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Sales Silicon Valley RSS Las Vegas 120

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

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San Francisco CPA SEM CTO Hire 167

YoungUpstarts

JUNE 5, 2012

Yongfook, as he is better known in Singapore’s tech entrepreneurship circle (we first wrote about him in 2009 ), is an avid cook and the former director for Japan-based online recipe network Cookpad in charge of its international business. “The first is Tinytrunk.com which is an e-commerce platform for local shops.

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Startup Lessons Learned

SEPTEMBER 30, 2008

January 18, 2009 8:22 AM Dan Khan said. Cheers, -Dan January 18, 2009 9:04 PM Ivo said. January 20, 2009 1:12 PM Anonymoussaid. April 12, 2009 12:28 AM kenshin said. April 21, 2009 4:51 PM Geethan said. April 26, 2009 8:40 PM RubyFocus Groups said. September 27, 2009 3:31 PM codercofounder said.

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CTO Fractional CTO CTO Hire Technical Review 168

SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

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SoCal CTO

MARCH 9, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

VC Cafe

FEBRUARY 9, 2011

By definition, a Pivot, is a change in the company’s strategy or business model when things aren’t exactly working out according to the business plan. The goal, is to find a scalable and repeatable business model (in other words, a way to consistently make money over the course of time).

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Business Model API Startup Social Network 96

Up and Running

MAY 10, 2017

In the summer of 2009, my wife and I caught the entrepreneurial bug and started a company without any prior business experience. We didn’t know anything about small business accounting or finance. We didn’t even know how to write a business plan. We’d never hired anyone.

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SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

SoCal CTO

MARCH 13, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

Startup Lessons Learned

SEPTEMBER 15, 2008

April 27, 2009 8:59 AM Anonymoussaid. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success.

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Lean San Francisco Startup Continuous Deployment 168

Up and Running

OCTOBER 13, 2014

Vuzit was launched in 2006, but in its first few years, did not bring in sufficient business to sustain itself. By 2009, it had run out of cash. The article highlighted the case of a startup called Vuzit, which commercialized a cloud-based document delivery system.

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Intellectual Property Philadelphia Small Business California 106

SoCal CTO

MARCH 1, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

SoCal CTO

MARCH 12, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Lessons Learned

JULY 29, 2009

Lessons Learned by Eric Ries Wednesday, July 29, 2009 Embrace technical debt Financial debt plays an important and positive role in our economy under normal conditions. For example, IMVU’s early business model was made possible by Paypal’s easy self-serve and open access payment system. Remember Hamlet?

Technical Review 168

Technical Review Software Review San Francisco Lean 168

SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. Technology Jobs in Southern California – a Rebound.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Lessons Learned

JUNE 5, 2009

Lessons Learned by Eric Ries Friday, June 5, 2009 It’s a startup, not a spreadsheet Some people, when they start to realize the power of using data to inform their decisions, become obsessed with optimization. For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? What matters is proving the viability of the company’s business model, what investors call “traction.&# April 14, 2009 3:09 PM Eric Santos said.

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Customer San Francisco Lean Hockey Stick 167

The Next Web

DECEMBER 4, 2013

As a startup, you’re working with limited resources and a lean business model. Back in 2009, Cloudera placed news of its Distribution for Hadoop launch in tech blogs and reputable news sources , and reached 1.5 Zappos assumes everyone in the company is on social media and trusts them to participate in growing the brand.

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Social Media Media Viral Startup 158

SoCal CTO

MARCH 22, 2007

Open Source Business Models, speakers for Web 2.0 Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Attorney and Startup Business Advisor – Aaron Shec. event I did last fall.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

YoungUpstarts

OCTOBER 12, 2012

Since 2009 when they started using the Chatter platform, attendance at Dreamforce has grown about 50 percent per year — except this year, when it nearly doubled from the previous year. That has substantially raised participation in Dreamforce.

Social Media 164

Social Media Media Marketing Software Review 164

The Startup Magazine

APRIL 4, 2018

A bot-free Twitter would no doubt be a friendly, more valuable place for, well, humans, but the dirty secret is that Twitter’s business model is predicated in part on the sorts of engagements that bots are very good at generating. It’s only belatedly coming to grips with its bot problem, which may be far worse than commonly assumed.

Social Media 76

Social Media Silicon Valley Technical Review Media 76

SoCal CTO

JUNE 9, 2010

Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. " In fact, 3 of the 10 selected companies from the past two years has followed this business model. You could just outspend. You could use brute force to get the word out.

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Fractional CTO Startup Venture Capital Cofounder 248

Altgate

SEPTEMBER 16, 2010

If you are pursuing an advertising business model, then in the early days you will almost certainly have to outsource, despite the fact that this could be a core long term advantage. Paypal, Google and others have great online payments tools that have low setup costs (but relatively high variable costs) and are easy to implement.

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Software Review Offshore Startup Boston 65

BeyondVC

JANUARY 12, 2009

  From a business model perspective we had it nailed…or so we thought…buy the hardware device at cost and we would make money back by selling a monthly subscription service.    I wonder if 2009 is the year that some wireless startups breakthrough.    I learned a lot from that investment. 

Mobile 60

Mobile SMS Venture Capital Web 60

ReadWriteStart

JUNE 16, 2011

The company already has paying customers and a validated business model. Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. Abhijit foresees primarily a technology licensing business model whereby device vendors would be paying royalty per handset or tablet.

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India Bootstrapping Non-Compete Entrepreneur 123