ReadWriteStart

MAY 30, 2022

The cost of the money you receive may be more than you’re willing to give. In this article, you’ll learn how bootstrapping makes you a better business – a leaner, smarter, more agile company that can roll with the punches. One in particular from a famous VC in Silicon Valley. You might even ask for it.

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. The cost of entry for tech startups continues to go down. Mobile and web software apps may cost even less. Some VC firms are bogged down by their own weight.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

Steve Blank

SEPTEMBER 5, 2018

The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. The result?

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

NOVEMBER 9, 2022

Johansen knows this space, as a distinguished fellow at the Institute for the Future in Silicon Valley, and Ronn is a serial entrepreneur and managing director of Innovation Portfolio Partners in Palo Alto. Learn by experimenting in low-cost and iterative ways. Maintain the agility to quickly pivot or quit.

Partner 328

Partner Intellectual Property Silicon Valley Cloud 328

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. What’s the customer acquisition cost? Who recommends a sale? Who is the decision maker? Who is the economic buyer?

Lean 257

Lean Silicon Valley Startup RSS 257

Steve Blank

APRIL 10, 2009

That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. Reply Lots of low cost experiments « Open Ambition , on April 22, 2009 at 8:58 am Said: [.] Order Here.

Silicon Valley 305

Silicon Valley RSS Startup Agile 305

Steve Blank

MARCH 2, 2011

He’s as good as any startup CEO in Silicon Valley. And they’ve being doing this while driving product cost down and performance up. GE’s performance in implementing Customer Development gives lie to the tale that only web startups can be agile. You couldn’t be more wrong. Corporate elephants can dance.

Silicon Valley 234

Silicon Valley Agile Customer Development Early Stage 234

Steve Blank

SEPTEMBER 29, 2020

Given the tech-centricity of Stanford and Silicon Valley, Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. If you can’t see the slides click here.

Technology 359

Technology North Korea Silicon Valley Artificial Inteligence 359

Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. The cost of entry for tech startups continues to go down. Mobile and web software apps may cost even less. Some VC firms are bogged down by their own weight.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Steve Blank

NOVEMBER 12, 2009

After these slides, these VC’s recognized that this company had dramatically reduced risk and built a startup that was agile, resilient and customer-centric. The primary goal of customer development is to reduce the cost of mistakes. Steve Blanks 30 years of Silicon Valley startup advice. Order Here. Now In Print!

Venture Capital 228

Venture Capital Silicon Valley RSS Hockey Stick 228

Steve Blank

AUGUST 31, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. customers aren’t buying it, the cost of distribution is too high, etc.) Product Development Diagram 1. Where Are the Customers?

Customer Development 243

Customer Development Developer Customer Silicon Valley 243

Steve Blank

APRIL 6, 2009

Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in Silicon Valley working for my first company: ESL. But part of his life that that doesn’t even merit a Wikipedia entry is that Bill Perry used Silicon Valley to help end the cold war.

Silicon Valley 185

Silicon Valley Stealth RSS California 185

Startup Professionals Musings

FEBRUARY 14, 2020

Johansen knows this space, as a distinguished fellow at the Institute for the Future in Silicon Valley, and Ronn is a serial entrepreneur and managing director of Innovation Portfolio Partners in Palo Alto. Learn by experimenting in low-cost and iterative ways. Maintain the agility to quickly pivot or quit.

Partner 310

Partner Intellectual Property Silicon Valley Startup 310

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Steve Blanks 30 years of Silicon Valley startup advice. Reply Leave a Reply Click here to cancel reply. Order Here.

Customer Development 231

Customer Development Developer Customer Silicon Valley 231

Steve Blank

MAY 15, 2009

However, I’ve seen this story repeated time and again, and not just in Silicon Valley. The Curse of a New Building At some point in my career as I began to ponder how/why startups morph from agile, “can do&# companies to [.] [.] It’s a company that’s lost sight of the values that got it there.

Silicon Valley 222

Silicon Valley RSS Lean Agile 222

The Next Web

JANUARY 24, 2014

Think of Stanford and Sandhill road in Silicon Valley, Route 128 in Boston or IIT in Bangalore India. It could be an urban area where several startups settle (think Silicon Alley in London) or a grass roots organization like the famous ‘ home-brew computer club ‘ or even a hipster coffee place like Berlin’s Oberholz cafe.

Netherlands 143

Netherlands Technical Review Stock Silicon Valley 143

Steve Blank

OCTOBER 12, 2009

At first only the national laboratories and the largest companies could afford to buy supercomputers, (the Cray-1 cost ~$9 million) but over time scientists and researchers were also starting to use them. Steve Blanks 30 years of Silicon Valley startup advice. Gracias for another great read Steve! Order Here. Now In Print!

Silicon Valley 158

Silicon Valley RSS Software Review Technical Review 158

Steve Blank

JUNE 25, 2009

Computer hardware companies were faced with their customers asking for low-cost (relatively) desktop computers they had no experience in building. I’ve tried to read a lot of your History of Silicon Valley posts. Find out Memorex’s position in Silicon Valley. They are very interesting. Order Here.

Technology 141

Technology Silicon Valley Fractional VPE Part-Time VPE 141

Steve Blank

NOVEMBER 27, 2012

agile engineering. Visitors Guide to Silicon Valley. I got tired watching dignitaries fly into Silicon Valley, visit Google, Facebook, Apple, and Stanford and then say they understand startups and entrepreneurship. So for the rest of us I put together this Visitors Guide to Silicon Valley.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Steve Blank

AUGUST 29, 2016

A team from their Enterprise Innovation Office has joined us at NYU as observers at our 5-day Lean LaunchPad class, while another team is in Silicon Valley with the Hacking for Defense team learning how to turn their hard problems into partnerships with commercial companies that lead to deployed solutions. The Innovation Insurgency.

Lean 181

Lean Silicon Valley Government Acquisition 181

Steve Blank

AUGUST 29, 2016

A team from their Enterprise Innovation Office has joined us at NYU as observers at our 5-day Lean LaunchPad class, while another team is in Silicon Valley with the Hacking for Defense team learning how to turn their hard problems into partnerships with commercial companies that lead to deployed solutions. The Innovation Insurgency.

Lean 181

Lean Silicon Valley Government Acquisition 181

Steve Blank

OCTOBER 24, 2017

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO).

Founder 263

Founder Technical Review CTO Hire IPO 263

Startup Lessons Learned

OCTOBER 11, 2013

As Eric puts it in the webcast, “I’ve met now the CEOs of some of the biggest companies in the world, and I still spend time with the CEOs of high-growth Silicon Valley companies from the garage on up, and what all those people have in common is that they are seeking out sources of sustainable growth…. So that doesn’t harm the brand.

Lean 167

Lean Silicon Valley Agile Cofounder 167

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. He welcomed us by screaming, “Do you know how much it costs every minute this line is down.&# the manager followed us still yelling.

Founder 307

Founder Silicon Valley RSS China 307

Steve Blank

APRIL 9, 2009

But what I wanted was an agile marketing team capable of operating independently without day-to-day direction. It will cost you your job.” Steve Blanks 30 years of Silicon Valley startup advice. The first reaction from my CEO was, “that’s why you’re running the department.” That kind of accountable. Order Here.

Silicon Valley 267

Silicon Valley Technical Review RSS PR 267

Steve Blank

SEPTEMBER 29, 2020

Given the tech-centricity of Stanford and Silicon Valley, Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. If you can’t see the slides click here.

Technology 124

Technology North Korea Silicon Valley Artificial Inteligence 124

Steve Blank

MAY 3, 2022

The Ukraine conflict is demonstrating the changing character of war such that low-cost emerging commercial technology is extremely effective when deployed against a larger 20th-century industrialized force that Russia is fielding. To do so he started the Defense Innovation Unit ( DIU). ” Acquire at Speed.

Ukraine 303

Ukraine China Private Equity Russia 303

Steve Blank

JANUARY 26, 2016

Introducing Hacking for Defense – Connecting Silicon Valley Innovation Culture and Mindset to the Department of Defense and the Intelligence Community. They don’t need an office in Silicon Valley to figure out what’s out there. DF-21 and Islands in the South China Sea. They are experts in leveraging Web 2.0

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Startup Professionals Musings

DECEMBER 27, 2014

Examples of some leaders in this space include Ron Conway in Silicon Valley and Brian Cohen , chairman of the New York Angels, who each may have over 500 startups in their portfolio. The cost of entry for tech startups continues to go down. Mobile and web software apps may cost even less.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 310

Engineer Silicon Valley United States Venture Capital 310

steveblank.com

JULY 8, 2011

Github - Free public repositories, collaborator management, issue tracking, wikis, downloads, code review, graphs Pivotal Tracker – Agile project management tool that enables real time collaboration. WebSequenceDiagrams - sketch sequence diagrams. Bontq – hosted bug tracking and project management needs.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Startup Lessons Learned

NOVEMBER 4, 2008

Boyd emphasized the importance of agility in combat: "the key to victory is to be able to create situations wherein one can make appropriate decisions more quickly than ones opponent." Lean startups have the ability to use this commodity stack to lower costs and, more importantly, reduce time to market. Agile software development.

Lean 102

Lean San Francisco Agile Continuous Deployment 102

Startup Lessons Learned

AUGUST 2, 2008

Lessons Learned by Eric Ries Saturday, August 2, 2008 Paul Graham on fundraising I have found no better primer on the current realities of starting a new technology company in a startup hub like Silicon Valley than Paul Grahams essays. but rest assured they would be. Expo SF (May. Conference streaming, sponsors, discounted tickets.

San Francisco 125

San Francisco Software Review Technical Review Continuous Deployment 125

crowdSPRING Blog

MARCH 30, 2012

Agile is a Sham- [link]. Will CPE (Cost Per Engagement) advertising ever take off? How Chicago Is Beating Silicon Valley At The Patent Game – [link]. Lean Marketing Tips: Hyperlocal Marketing Channels – [link]. 4 Code-Free Steps to Launch Your Business Website – [link]. Is Pinterest the next Facebook?

Social Media 93

Social Media Small Business Design Media 93

Steve Blank

AUGUST 5, 2010

I think you can blame Customer and Agile Development for a small part of it. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. Here’s why. Electron-based Venture Capital. They build a minimum feature set.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

Startup Lessons Learned

NOVEMBER 7, 2008

We had endless arguments internally about what features it should include, how the avatars should look, and how much it should cost. Just load them all in and choose a low cost-per-click. Seems like a fairly low-cost method of gauging customer interest for a would-be product. We finally settled on a $1.99 I used to use $.05,

Demand 167

Demand San Francisco Lean Continuous Deployment 167

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. Customer Development , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development. Carpe Diem.

Internet 334

Internet IPO Silicon Valley Agile 334