Steve Blank

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. Or they may even put the entire company up for sale.

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Convergent Technologies: War Story 1 – Selling with Sports Scores.

Steve Blank

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. They looked at their watches, gave our sales guy a quizzical look and left.

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Hear how the Lean Startup began — and helped one company find success: Episode 2 on Sirius XM Channel 111: Eric Ries and Jon Sebastiani

Steve Blank

Jon Sebastiani , founder and CEO of KRAVE Jerky , a company that got its start in my class at Berkeley back in 2011 and was recently acquired by Hershey. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. If you can’t hear the clip, click here.

Lean 120
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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. 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

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

Steve Blank

Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. These new entrants disrupted their food categories by offering high quality proprietary recipes, outsourcing their manufacturing, and using their cash and resources on sales and marketing to build distribution and a differentiated brand.

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The LeanLaunch Pad at Stanford – Class 2: Business Model Hypotheses

Steve Blank

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).

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The Next Bubble – Don’t Get Fooled Again

Steve Blank

This was followed by another $500 million investment (along with Goldman Sachs) in 2011, at a $50 billion valuation. million in 2010 sales). In May 2011, RenRen—the Facebook of China —had a first day valuation of $7.4 million in 2010 sales). billion at the end of the first day (on $58.9 billion (on $76.5