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ESADE Business School Commencement Speech

Steve Blank

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. As Harvard professor Clayton Christensen noted, these efficiency metrics provided wise guidance for times when capital was scarce and raising money was hard. Act Like a Startup.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

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. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

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Eureka! A New Era for Scientists and Engineers

Steve Blank

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. And they’ll do this using the business model / customer development / agile development solution stack. Filed under: Lean LaunchPad , Teaching , Venture Capital.

Engineer 278
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. For the first 75 years of the 20 th century, when capital for new ventures was scarce, the smartest engineering talent went to corporate R&D labs.

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

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. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

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Mistakes Entrepreneurs Make on Day 1

Up and Running

They also had greater and more rapid increases in valuation at successive rounds of venture capital funding. 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. Be compliant.

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The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

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