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Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. For example, according to CBInsights nearly 140 machine intelligence have been acquired since 2011, with over 40 being bought so far in 2016.

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Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. For example, according to CBInsights nearly 140 machine intelligence have been acquired since 2011, with over 40 being bought so far in 2016.

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Uncertainty: startups’ unfair advantage

The Equity Kicker

Since Eric Ries wrote The Lean Startup in 2011 smart founders have understood that the best way to progress is to get onto the ‘build-measure-learn’ loop and iterate to success. A business that grows to £10m in revenues over five years and sells for 1-3x that amount can still be a life changing event.

Startup 60
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Making a Dent in the Universe – Results from the NSF I-Corps

Steve Blank

———– The Lean LaunchPad class for the National Science Foundation (NSF). Over the last 6 months, we’ve been teaching a version of the Lean LaunchPad class for the National Science Foundation Innovation Corps. We’ve taught two cohorts: 21 teams ending in December 2011 , and 24 teams ending in May 2012.

Lean 252
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When Krave Jerky Showed up in Class with a $435,000 Check

Steve Blank

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. The Lean LaunchPad class works for existing businesses as well as new startups.

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Entrepreneurs Are Everywhere Show No. 1: Richard Witten and Kathryn Minshew

Steve Blank

On the alumni side, we set up an incubator downtown, called the Columbia Startup Lab. … Of the cohort that just graduated I think eight are completely self-sufficient and actually revenue positive and another 10 are in Series A round financing. . It has been phenomenally successful. Wasn’t anybody giving you advice at the time?

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Scaling is Hard, Case Study: TripAdvisor

Seeing Both Sides

As we have seen with the recent speed bumps at highfliers like Groupon and Zynga, taking “lean startups” from foundation to creating sustainable, scalable, profitable business models is a very rare and special task. TripAdvisor, in effect, was a model lean start-up with an engineering-driven, product-focused founder. Really hard.