article thumbnail

Philadelphia University Commencement Speech – May 15th 2011

Steve Blank

Now…a decade later… that course called Customer Development … is the basis of an entirely new way to start companies. If you’re in a technology company or build a web or mobile application, it’s probably the only way to start a company. How did this happen? By showing up a lot and questioning the status quo.

article thumbnail

Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

To compare the two, in 2011 U.S. By comparison, in 2011 Chinese VC’s invested $13 billion in all deals. Chinese Internet companies live in a large closed, self-contained ecosystem with 564 million web users with 420 million having mobile web access. Car sales in China went from 1 million in 2001 to 14 million in 2011.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The real entrepreneurs of New York City

Startup Lessons Learned

To give a little context, I asked two of the other judges - Brant Cooper and Patrick Vlaskovits (co-authors of the excellent Entrepreneur's Guide to Customer Development ) - to add a bit of commentary. Great use of airbnb for their source of customer development won them 'Best #CustDev Award." Take a look.

article thumbnail

Seven Things Your Customers Can Do Better Than You

YoungUpstarts

The bottom line is that customers are more apt to trust and care about information when it comes from a peer rather than an organization. Many firms are getting nowhere with their web and social media marketing efforts. They need to get creative about bringing customers into these programs.

Customer 158
article thumbnail

New Rules for the New Internet Bubble

Steve Blank

The New Bubble : (2011 – 2014): Here we go again…. (If Over time, open source software the rise of the next wave of web startups and the embrace of Agile Engineering meant that startups no longer needed millions of dollars to buy specialized computers and license expensive software – they could start a company on their credit cards.

Internet 334
article thumbnail

Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

To compare the two, in 2011 U.S. By comparison, in 2011 Chinese VC’s invested $13 billion in all deals. Chinese Internet companies live in a large closed, self-contained ecosystem with 564 million web users with 420 million having mobile web access. Car sales in China went from 1 million in 2001 to 14 million in 2011.

article thumbnail

When do I *stop* doing customer interviews and start writing code?

A Smart Bear: Startups and Marketing for Geeks

Here are the details of both of those customer development experiences. Capital Factory 2011 alum GroupCharger talked to 50 before building and another 50 after that. Recently at WP Engine I did some brand new customer development for a new project that we think will revolutionize WordPress blog management.

Customer 252