Steve Blank

NOVEMBER 18, 2016

. —– I’ve lived through several technology infrastructure waves; the Unix business, the first AI and VR waves in the 1980’s, the workstation wave, multimedia wave, the first internet wave. Most often the first acquisitions in a hype cycle are for the “shiny objects” – the technology, the team and the tools.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Steve Blank

JANUARY 26, 2016

Today these potential adversaries are able to harness the power of social networks, encryption, GPS, low-cost drones, 3D printers, simpler design and manufacturing processes, agile and lean methodologies, ubiquitous Internet and smartphones. We’re Our Own Worst Enemy. Efficiently Being Inefficient.

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Steve Blank

JANUARY 21, 2016

It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.). Instead, I went the Software as a Service route and tried to charge for what was a commodity product. I always tell people … “99.9%

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Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. Out of that total, they funded 967 Internet deals with $6.7 Out of that total, they funded 268 Internet deals with $3.2 To compare the two, in 2011 U.S.

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Steve Blank

APRIL 15, 2011

Internet investor Dave McClure coined the acronym &# AARRR ,&# to remember the parts of Customer Relationships on the web.). Many of the students had heard phrases that fall under Customer Relationships before; “customer acquisition, SEO/SEM, public relations, Social Network, Advertising, Loyalty programs, cross-sell and up-sell” etc.,

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Steve Blank

MARCH 4, 2014

Facing continuous disruption from globalization, China, the Internet, the diminished power of brands, changing workforce, etc., This first post will describe some of the structural problems companies have; follow-on posts will offer some solutions. existing enterprises are establishing corporate innovation groups.

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IRR Startup Business Model Agile 335

Steve Blank

DECEMBER 17, 2015

Time horizons for Return on Investment from a VC investment may be 7+ years, ROI from the acquisition of an earlier stage company, 4-5 years and the ROI from acquisition of a mature company, 2-3 years.) In Stage 2, the corporation adds venture capital and/or mergers-and-acquisition teams to provide these functions.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

OCTOBER 24, 2017

However, there was no way for founders to share this information with other founders (this was life before the Internet, incubators and accelerators). And given that acquisition is a potential for many startups, corporate acquirers often look for startups that can help them continually innovate by creating new products and markets.

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Founder Technical Review CTO Hire IPO 245

Steve Blank

APRIL 20, 2021

Most people only know Roku for their TV devices, but Roku initially shipped an audio device for Internet radio stations and a PhotoBridge product to get digital photo libraries to the TV. For software products, the channels are typically through the mobile app stores or directly over the Internet.

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Product Viral Channel San Francisco 436

Steve Blank

NOVEMBER 2, 2009

Preserve your cash: When you have unlimited cash (internet bubbles, frothy venture climate,) you can iterate on your mistakes by burning more dollars. What’s the customer acquisition cost? This is the most important sentence in this post and worth deconstructing. Who influences a sale? Who recommends a sale? Who is the decision maker?

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Steve Blank

AUGUST 5, 2013

We assumed our customers would be any smart Internet users looking to make a decision—granted, an extremely broad customer segment. Thousands, then millions of new customers were coming to the site through SEO, just like we’d guessed with our customer acquisition hypothesis. Here, we even beat our most optimistic assumptions.

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Steve Blank

JULY 16, 2009

Think of the Microprocessor, Personal Computer, Internet, Twitter, Youtube, Facebook, Google, the iPhone. Quick acquisition by a Sega or EA I suppose. Creating those technologies and companies required entrepreneurs willing to follow their own vision and convincing others that the path is worth following.

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Silicon Valley RSS Video San Diego 207

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. I was 22, 23 at that time. It was at that time that I met my co-founder.

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Silicon Valley Entrepreneur Cofounder Investment Bankers 120

Steve Blank

MAY 3, 2022

At the onset of the war in Ukraine, Russia launched a cyber-attack on Viasat’s KA-SAT satellite, which supplies Internet across Europe, including to Ukraine. Drone technology was initially only available to national governments and militaries but is now democratized to low price points and available as internet purchases.

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Steve Blank

OCTOBER 26, 2020

We have an acquisition arm and Congress is probably going to give us acquisition authority this year. And the only way you’re going to get there is through building common platform services and the application architecture that internet-scale companies do today. And so we continue to build stuff as it is on the left.

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Artificial Inteligence Fractional CTO Technology CTO 388

Steve Blank

JANUARY 11, 2022

employ its cyber capabilities to provide the populace of China with unrestricted Internet access to bolster civil society against CCP crackdowns, in order to pressure the PRC, spread American liberal values, and uphold U.S. compete more effectively through new operational concepts, organizations, and/or strategies. Team Aurora. Team Apollo.

Technical Review 281

Technical Review Technology Taiwan Venture Capital 281

Steve Blank

AUGUST 19, 2013

For exits, acquisitions are the rule and IPOs the exception. While the time, expense and difficulty to exit has soared in Life Sciences, all three critical factors have been cut by orders of magnitude in other investment sectors such as internet or social-local-mobile.

Venture Capital 301

Venture Capital Startup Lean Philadelphia 301

Steve Blank

SEPTEMBER 13, 2022

have started their own initiatives – Elon Musk – SpaceX and Starlink (reusable rockets and space-based broadband internet), Palmer Lucky – Anduril (AI and Machine Learning for defense), Peter Theil – Palantir (data analytics). In lieu of a coherent U.S.

China 323

China Venture Capital Government Artificial Inteligence 323

Steve Blank

DECEMBER 3, 2020

But it does seem like the concerted effort from the executive branch and the legislative branch to send a signal, at least to our closest allies, our Five Eyes allies, that we need to have the same basic principles when it comes to future control of the internet and 5G internet technologies. Now we’ve tried.

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