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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Two-thirds of the interested students were from the engineering school; the other third were from the business school. This post is part one.

Lean 303
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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. What They Do: Travel search engine. Last week ZipCar began trading and has a market cap of about $1 billion. I’m pleased to now turn to Kayak’s S-1 filing.

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Why diversity matters (the meritocracy business)

Startup Lessons Learned

Engineers are offenders in this category too, but so is any gender-segregated activity, like an all-female PR or marketing team. Two others – that each team member give their input independently and that the results be objectively aggregated – are also key parts of building a meritocracy. Expo SF (May.

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It's a startup, not a spreadsheet

Startup Lessons Learned

I think this idea is particularly appealing to those of us from an engineering background. It’s entirely possible for the startup to be a massive success without having large aggregate numbers, because the startup has succeeded in finding a passionate, but small, early adopter base that has tremendous per-customer behavior.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

This is an incredible skill, one that most engineers overlook. First of all, it means that most aggregate measures of success, like total revenue, are not very useful. Go on an agile diet quickly. With a product development team that is not shipping, any agile methodology will surface major problems quickly. Great post!

Customer 167
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It’s Time to Play Moneyball: The Investment Readiness Level

Steve Blank

Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering. Metrics visible at a glance are number of customer interviews in the current week as well as aggregate interviews, hypotheses to test, invalidated hypotheses, mentor and instructor engagements.

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Cloud Europe 2017: The Factory is Cranking

Cracking the Code

12 cloud IPOs in the past 2 years: One from Europe SaaS companies are thriving in the public markets, with their aggregated market cap grew 350% since 2011, and 12 cloud companies going public in the past 24 months. These 12 have performed well, with an aggregate $2.6 and Intacct for $0.85B.

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