Steve Blank

MARCH 15, 2011

Autonomow team members: Jorge Heraud (MS Management, 2011) Business Unit Director, Agriculture, Trimble Navigation, Director of Engineering, Trimble Navigation, MS&E (Stanford), MSEE (Stanford), BSEE (PUCP, Peru). Fred Ford (MSME, Mar 2011) Senior Eng for Mechanical Systems on Military Satellites, BS Aerospace Eng (U of Michigan).

Business Model 236

Business Model Nebraska Peru Germany 236

Steve Blank

APRIL 13, 2013

To compare the two, in 2011 U.S. By comparison, in 2011 Chinese VC’s invested $13 billion in all deals. The number of deals in Technology, Media and Telecommunications more than doubled in 2011 over the previous five years and slowed back down dramatically in 2012. China now has plenty of both. venture capitalists invested $26.5

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

FEBRUARY 3, 2015

Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. —– Jon Sebastiani and his team came into the 2011 Berkeley Lean LaunchPad class with several key observations: Snack foods were a large ~$35 billion but the moribund food category was starving for innovation and modernization.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

JUNE 15, 2011

This was followed by another $500 million investment (along with Goldman Sachs) in 2011, at a $50 billion valuation. In May 2011, RenRen—the Facebook of China —had a first day valuation of $7.4 The Russian investment group, DST, is an example, with their $200 million investment in Facebook, at a $10 billion valuation, in 2009.

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Steve Blank

MARCH 18, 2011

The New Bubble : (2011 – 2014): Here we go again…. (If Rules For the New Bubble: 2011 -2014. Rules for building a company in 2011 are different than they were in 2008 or 1998. If you can’t see the slide presentation above, click here.). 1970 – 1995: The Golden Age. The New Exits.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

NOVEMBER 18, 2016

For example, according to CBInsights nearly 140 machine intelligence have been acquired since 2011, with over 40 being bought so far in 2016. This occurs because large technology companies (Google, Facebook, IBM, Microsoft, Twitter, Apple, Salesforce, Intel, et al,) and increasingly other non-tech firms, are in an arms race to stay relevant.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Steve Blank

FEBRUARY 10, 2016

Will was honored at the White House as part of the 2011 Empact 100 list , for his work as a young entrepreneur. Will Zell started his first company, a real estate business, at age 22. Over the past decade, he has launched multiple businesses, including three technology companies.

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

Steve Blank

JUNE 7, 2019

Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. If you can’t see the video of the Leanr2Win team presenting click here. If you can’t see the Leanr2Win slides click here. It Started with an Idea.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

FEBRUARY 3, 2016

From 2011 to 2015, Carmen was a member of Deloitte Federal Consulting serving as senior advisor and mentor to Deloitte’s flagship innovation program, GovLab, sponsoring research on Bitcoin, Millennials, and the impact of the Internet of Things on government. .

Wiki 120

Wiki Entrepreneur Cofounder Government 120

Steve Blank

JULY 13, 2021

Launched in 2011, the Lean LaunchPad capstone entrepreneurship class was unique in that it was: team-based. This seemed to me to be the best way to teach entrepreneurship. Experiential learning is the core of how we teach the Lean LaunchPad/I-Corps/Hacking for X classes. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

Steve Blank

NOVEMBER 20, 2014

—– In August 2011 I received an email from someone at NYU I never heard of. NYU has adopted the Lean LaunchPad ® class as a standard entrepreneurship course across twelve different schools/colleges within the University. Over 1,000 students a year are learning lean startup concepts.

Lean 269

Lean New York City New York Customer Development 269

Steve Blank

MARCH 26, 2014

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. The question of how corporations can be more innovative is one I have wrestled with for a long time.

Startup 327

Startup Business Model Lean Russia 327

Steve Blank

JANUARY 6, 2011

For 2011, I’m glad to announce that you can now hear my blog posts via a podcast that you can subscribe to, download or have emailed to you a few days after each blog post goes live. Now Hear This.

Silicon Valley 195

Silicon Valley California Vertical Customer Development 195

Steve Blank

NOVEMBER 11, 2010

The competition will be held on January 24 th 2011 (submission deadline Jan 10 th ) and is open to university students enrolled at least half-time anywhere in the world (more about the competition here and information packet is here ).

Agile 250

Agile Business Model Customer Development Lean 250

Steve Blank

JUNE 18, 2013

Then in July 2011, the National Science Foundation read my blog posts on the Lean LaunchPad class. They get out of the classroom and talk to customers, partners and competitors and encounter the chaos and uncertainty of commercializing innovations and creating new ventures.

Lean 286

Lean Agile Customer Development Business Model 286

Steve Blank

DECEMBER 30, 2014

This has been nearly a 4-year journey,” said Schonthal who prior to moving back to Chicago in 2011 had been working in healthcare venture capital in San Diego. It Takes a Village. One of the noticeable things about the San Diego health tech community is that it feels like a community. It has density,” he said.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

JUNE 18, 2019

In 2011 Professor Carter was in the first National Science Foundation I-Corps class. I told four stories about the conflict between money and power versus the common good. I was invited to give the talk by Professor Sue Carter, now the provost of the college. Last year, she testified in front of Congress about the program.

California 321

California Silicon Valley Michigan San Francisco 321

Steve Blank

JULY 20, 2015

Errol : There was a unique opportunity in 2011 when the new director of National Science Foundation said, ‘We want to do something new and different [in helping scientists commercialize their technology].’ … He charged me. And right about that time you were publishing your notes to the Lean LaunchPad course in spring of 2011, Stanford, E245.

Government 120

Government Channel Southern California Lean 120

Steve Blank

NOVEMBER 18, 2016

For example, according to CBInsights nearly 140 machine intelligence have been acquired since 2011, with over 40 being bought so far in 2016. This occurs because large technology companies (Google, Facebook, IBM, Microsoft, Twitter, Apple, Salesforce, Intel, et al,) and increasingly other non-tech firms, are in an arms race to stay relevant.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Steve Blank

JUNE 25, 2009

Memorex is turning 50 years old in 2011. I’ve tried to read a lot of your History of Silicon Valley posts. They are very interesting. Now, I have an assignment that I would like to request your help with. We are putting together a plan to have some sort of gathering, lectures and celebration. So, here is my assignment.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

JUNE 11, 2012

We’ve taught two cohorts: 21 teams ending in December 2011 , and 24 teams ending in May 2012. Over the last 6 months, we’ve been teaching a version of the Lean LaunchPad class for the National Science Foundation Innovation Corps. In July 2012 we’ll teach 50 more teams, and another 50 in October.

Lean 248

Lean Incubator Business Model Georgia 248

Steve Blank

JUNE 18, 2013

Then in July 2011, the National Science Foundation read my blog posts on the Lean LaunchPad class. They get out of the classroom and talk to customers, partners and competitors and encounter the chaos and uncertainty of commercializing innovations and creating new ventures.

Lean 178

Lean Agile Customer Development Business Model 178

Steve Blank

MAY 12, 2015

In 2011 the National Science Foundation recognized that many of the innovators they were funding were failing – not from an inability to make their technologies work – but because they did not understand how to translate the technology into a successful business.

SBIR 120

SBIR Maryland Lean Seed Stage 120

Steve Blank

SEPTEMBER 2, 2015

Here’s what she had to say about why the venture failed: Kathryn : The four of us built this startup, which started off as a side project and slowly turned into a business from September of 2010 to June of 2011. Steve : It sounds like there were just a whole set of simmering issues because you never did the hard stuff up front.

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

Steve Blank

MAY 29, 2019

Philip Bouchard : You’ve started teaching at Berkeley since 2002, Columbia in 2003 and at Stanford since 2011. Building an entrepreneurship ecosystem. How can corporations work more closely with universities? How is the way that universities teach entrepreneurship evolving? What changes have you seen in the last 15 years?

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

JANUARY 29, 2016

In 2011, she served as a as a US Delegate to the APEC Women in Business Summit in San Francisco. Clips from their interviews are below. Sarah Calhoun has spent two decades building nonprofits and small businesses. She was the 2012 National Women in Business Champion for the Small Business Administration.

Entrepreneur 120

Entrepreneur Monaco San Francisco Cofounder 120

Steve Blank

APRIL 7, 2016

Before opening The Root Café with his wife Corri in 2011, Jack Sundell was in the Peace Corps. .” We thought, “Well, that’s a big win for them. There’s value there in the marketplace, so we decided to get it out. If you can’t hear the clip, click here.

Cofounder 120

Cofounder Entrepreneur Morocco Arkansas 120

Steve Blank

APRIL 11, 2013

By 2011, there were a total of 1034 Technology Business Incubators across China, including 336 as National incubators, hosting nearly 60,000 companies. (20% Much like incubators worldwide, they provide startups with office space, free rent, access to university technology transfer, etc.

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

DECEMBER 10, 2014

program in 2011, I approached Edmund Pendleton from University of Maryland, Jim Chung from George Washington University and Jack Lesko from Virginia Tech with the idea that together we could leverage the respective strengths of our institutions, and catalyze the region through I-Corps. When Steve and NSF created the I-Corps™.

Maryland 272

Maryland Lean DC Virginia 272

Steve Blank

APRIL 11, 2013

By 2011, there were a total of 1034 Technology Business Incubators across China, including 336 as National incubators, hosting nearly 60,000 companies. (20% Much like incubators worldwide, they provide startups with office space, free rent, access to university technology transfer, etc.

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

APRIL 20, 2021

With my first Uber ride in late 2011, it took about two minutes for that moment to arrive: I installed the app, entered my credit card, ordered a car, and it was waiting for me by the time I walked down one flight of stairs. It has a rapid time-to-value: How long must customers wait for the “aha” moment?

Product 436

Product Viral Channel San Francisco 436

Steve Blank

MARCH 26, 2012

We ran the first National Science Foundation Innovation Corps class October to December 2011. In-between the 2011 pilot class and the first NSF class of 2012, I got a call from Congressman Dan Lipinski. 63 scientists and engineers in 21 teams made ~ 2,000 customer calls in 10 weeks , turning laboratory ideas into formidable startups.

America 241

America Rhode Island Southern California Illinois 241

Steve Blank

JUNE 8, 2018

Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. And conversely show our sponsors in the Department of Defense and Intelligence community that civilian students can make a meaningful contribution to problem understanding and rapid prototyping of solutions to real-world problems.

Southern California 163

Southern California San Diego Mississippi SBIR 163

Steve Blank

JULY 19, 2017

It took me a while to realize that Joe had one heck of a first act before coming to Stanford in 2011. This was another reminder that when you reach a certain age, people you encounter may have lived multiple lives, had multiple careers, and had multiple acts.

Washington 206

Washington Security Afghanistan Iraq 206

Steve Blank

MARCH 26, 2019

So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. If you had dropped by in 2011, the first time I taught the class, and then stuck your head in today, you’d say it was the same class.

Lean 248

Lean Business Model Balance Sheet Video 248

Steve Blank

JUNE 23, 2021

In addition to myself the teaching team has been: 2011 Instructors : Ann Miura-ko, Jon Feiber. While I created the Lean LaunchPad methodology and pedagogy (how to teach the class), over the past decade the Stanford class has had ten additional instructors, thirty-three wonderful TA’s and ninety volunteer mentors.

Lean 299

Lean Technology Artificial Inteligence Intellectual Property 299

Steve Blank

SEPTEMBER 16, 2015

We’re addressing the) same problems but we wanted to solve the problem in a much more scalable way so we saw, around 2011 … the Internet was going to support 3D natively. … This was his a-ha moment: We went from a services company to a company that has a product.

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Investment Bankers 120