Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Traditional startup board meetings spend an insane amount of wasted time using Fortune 100 company metrics like income statements, cash flow, balance sheet, waterfall charts.

Silicon Valley 258

Silicon Valley Venture Capital Business Model Balance Sheet 258

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. And they’ll do this using the business model / customer development / agile development solution stack.

Engineer 278

Engineer Silicon Valley Intellectual Property United States 278

Up and Running

FEBRUARY 8, 2016

New startups need to be agile and flexible. For example, have them explain the principles of the balance sheet or the difference and usefulness between accrual basis and cash basis accounting. Successful startups make data-driven decisions rather than relying on instinct and “feel.” Get credit for your business.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

Startup Lessons Learned

MAY 25, 2020

And I think how you think about that, whether you're a restaurant owner that didn't invest in curbside pickup, what can you do to, I'll call it, hack it or in an agile mindset, how do you think about bringing a way to be able to do curbside and do that well, and not just rely on the delivery folks to be able to support you? Let's go."

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Steve Blank

MAY 29, 2019

Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it.

Incubator 331

Incubator Lean Programming Government 331

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. The Wrong Metrics : Traditional startup board meetings spend an insane amount of wasted time using Fortune 100 company metrics like income statements, cash flow, balance sheet, waterfall charts.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

ReadWriteStart

AUGUST 1, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet. And they'll do this using the business model-customer development-agile development solution stack.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Agile VC

SEPTEMBER 3, 2013

Microsoft doesn’t need the cash… despite limited growth and paying a substantial dividend, MSFT still generates good cashflow and has >$70B on it’s balance sheet. But the company does need to become more focused in its strategy, operations, and personnel.

Cloud 113

Cloud Azure Phoenix Non-Compete 113

Agile VC

JUNE 13, 2019

Operating cashflow represent the cash that’s generated or consumed by the business, excluding things like capital expenditures or year to year balance sheet changes in the level of inventories or payables. In 2018 Chewy was basically cashflow breakeven on an operating basis, with an operating cash burn of $13M on revenue of over $3B.

Leadership 100

Leadership .Net Revenue Aggregator 100

Occam's Razor

MAY 2, 2017

The challenge I want to take on is to be specific in the recommendations make, and to share how we can be very nimble and agile. There are great starting points, but there is an assumption that based on your expertise and business knowledge that you’ll be able to personalize these.

Metrics 141

Metrics Acquisition eCommerce Analytics 141

Steve Blank

MARCH 26, 2019

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.

Lean 248

Lean Business Model Balance Sheet Video 248

Agile VC

DECEMBER 6, 2012

Unlike a startup that might raise equity financing across several rounds all combined in a single balance sheet, VC’s do not simply commingle these funds into a single bucket to be allocated across all the companies in that firm’s portfolio.

LP 178

LP Balance Sheet Differentiation Limited Partner 178