ReadWriteStart

APRIL 8, 2023

Customers will be even more comfortable with the introduction of voice commerce, another unicorn of the online shopping experience. Sustainability is the Queen In 2023, customers have become even more environmentally conscious, as recent statistics prove. Only in 2021, 72.9% Amazon has been at it for years.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Steve Blank

JANUARY 25, 2011

The benefits of customer and agile development and minimum features set are continuous customer feedback, rapid iteration and little wasted code. But over time if developers aren’t careful, code written to find early customers can become unwieldy, difficult to maintain and incapable of scaling.

Part-Time VPE 323

Part-Time VPE Agile Engineer Startup 323

Both Sides of the Table

NOVEMBER 27, 2011

I interviewed Eric for an hour for - This Week in Venture Capital. 36:30 Eric: Social media is great for people with social capital. 42:20 Did agile development influence you? 57: 00 How do you rectify company mission and customer demand. 57: 00 How do you rectify company mission and customer demand.

Silicon Valley 301

Silicon Valley Lean Social Media PR 301

Steve Blank

SEPTEMBER 1, 2021

The key was the realization that start-ups are not simply smaller versions of large companies, which execute/ exploit known business models, and whose customers, problems, and necessary product features are all “knowns.” The idea of exploitation versus exploration was central in my own work in building the lean methodology for start-ups.

Incubator 416

Incubator Lean Agile Business Model 416

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. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

Customer Development 232

Customer Development Developer Customer Silicon Valley 232

Steve Blank

DECEMBER 20, 2011

63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. We taught them the business model / customer development / agile development solution stack. I thought about the common wisdom that only 20-year olds doing Internet startups could be agile.

Incubator 307

Incubator Government Silicon Valley Lean 307

BeyondVC

APRIL 4, 2018

Every digital transformation starts and ends with the customer,” Salesforce CEO Marc Beniof f said in a statement. Together, Salesforce and MuleSoft will enable customers to connect all of the information throughout their enterprise across all public and private clouds and data sources?—?

Cloud 60

Cloud Agile Architecture Azure 60

Steve Blank

MAY 17, 2010

A business plan is the execution document that large companies write when planning product-line extensions where customer, market and product features are known. Most startups are facing unknown customer needs, an unknown product feature set and is an organization formed to search for a repeatable and scalable business model.

Business Plan 317

Business Plan Business Model Customer Development Deal Flow 317

Steve Blank

JULY 7, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Taking My Class.

Lean 120

Lean Silicon Valley Technical Cofounder Channel 120

Steve Blank

APRIL 10, 2009

Since every situation is unique, there is no perfect solution to any engineering, customer or competitor problem, and you shouldn’t agonize over trying to find one. An example of a reversible decision could be adding a product feature, a new algorithm in the code, targeting a specific set of customers, etc.

Silicon Valley 307

Silicon Valley RSS Startup Agile 307

Austin Startup

AUGUST 30, 2019

On August 14–15, the Air Force, through AFWERX , hosted a two-day Spark Collider event at Capital Factory to bring newly awarded 19.2 SBIR Phase I companies together with relevant Air Force and venture capital stakeholders. Jason made a familiar point about how hard it is to find customers when you’re left to your own devices.

SBIR 48

SBIR Government Venture Capital Startup 48

www.bothsidesofthetable.com

MAY 13, 2012

Raising Venture Capital. They care about the quality of what is build more than they care about end customers. They know how to estimate work units, how to manage the agile development process and how to get the most out of their teams. Start-up Advice. Angel Topics. Entrepreneur DNA. Sales & Marketing.

Fractional VPE 89

Fractional VPE Part-Time VPE Fractional CTO CTO Hire 89

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Quickly iterate the product in front of customers.

Lean 263

Lean Internet Silicon Valley Venture Capital 263

crowdSPRING Blog

MAY 11, 2012

Lean Marketing: Delivering Customer Service via Social Media – [link]. Better Agile Than Smart – [link]. When Selling is the Worst Way to Win Customers – [link]. When Selling is the Worst Way to Win Customers – [link]. What I learned from raising venture capital – [link].

Social Media 92

Social Media Small Business Design Media 92

Steve Blank

JUNE 11, 2009

Agile – you may find the real opportunities for your company was somewhere else. Can you recognize and capitalize on them? Passionate – is the company/product/customers the most important thing in your life? This means you still need to have a resilient personality, and be agile. Get customers first.

Cofounder 229

Cofounder Founder Silicon Valley Technical Cofounder 229

Steve Blank

MARCH 29, 2010

Ann who had been my Teaching Assistant while she had finished her PhD at Stanford felt the same frustration about teaching entrepreneurs to assemble a business plan that we knew in the real world wouldn’t survive first contact with customers. After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner.

Business Model 235

Business Model Silicon Valley California Engineer 235

Steve Blank

JANUARY 4, 2010

Now with customers and early revenue, it was out raising its first round of venture money. Lets take venture capital and grow this thing into a real business.”. They used Customer and Agile development to search for a scalable and repeatable business model to become a large company. The Scalable Startup.

Hockey Stick 299

Hockey Stick Venture Capital Startup Cofounder 299

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

Engineer 311

Engineer Silicon Valley United States Venture Capital 311

Steve Blank

MARCH 18, 2011

They taught you about customers, markets and profits. Startups needed millions of dollars of funding just to get their first product out the door to customers. VC’s went back to basics, to focus on building companies while their founders worked on building customers. and aim for hundreds of millions of customers.

Internet 335

Internet IPO Silicon Valley Agile 335

ReadWriteStart

OCTOBER 20, 2023

The Venture Capital Influence The role of venture capital (VC) has become increasingly prominent in shaping the tech startup scene. The Founder’s Journey To truly succeed, a founder needs resilience , a consistent capacity to innovate, and the agility to adapt to an ever-changing market.

Technical Review 137

Technical Review Startup Silicon Valley Agile 137

Steve Blank

NOVEMBER 12, 2009

Rather than a traditional VC pitch I suggested that they do something unconventional and tell the story of their journey in Customer Discovery and Validation. The heart of the Cafepress presentation is the “ Lessons Learned from our Customers ” section. The VC firm delivered a term sheet for an 8-digit second round that afternoon.

Venture Capital 239

Venture Capital Silicon Valley RSS Hockey Stick 239

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. 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.

Silicon Valley 297

Silicon Valley Business Model Venture Capital Balance Sheet 297

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. These Key Performance Indicators and processes are what make a company efficient —but they are also the root cause of its inability to be agile and innovative. Act Like a Startup.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. A few successful ones do all these things.

Customer Development 253

Customer Development Developer Customer Silicon Valley 253

Startup Professionals Musings

MAY 29, 2017

I like his list of competencies, with my tips on how to highlight them, to score certain people as potential business leaders to peers and investors: Agility in learning. Agility in learning is the ability to diagnose the need for new skill sets and to acquire them quickly, despite incessant business pressures of change and no time available.

Agile 141

Agile Non-Compete Angel Groups Venture Capital 141

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. 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.

Silicon Valley 270

Silicon Valley Business Model Venture Capital Balance Sheet 270

Steve Blank

APRIL 7, 2011

Venture Capital ; met with the local hardware/software venture capital firm. Incubators : toured the TechArb , the engineering student accelerator, and the Michigan Venture Center in the University’s Tech Transfer Office. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

Michigan 313

Michigan Silicon Valley Venture Capital Incubator 313

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. They’ll explore the best way to deliver the product to customers, the resources required, as well as competing technologies. Filed under: Lean LaunchPad , Teaching , Venture Capital.

Engineer 284

Engineer Silicon Valley United States Intellectual Property 284

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 303

Venture Capital IPO Liquidity Event Entrepreneur 303

Startup Lessons Learned

OCTOBER 4, 2008

Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. November 25, 2009 9:54 AM Danny Wong said.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

JUNE 23, 2016

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. But starting in the last quarter of that century and accelerating in this one, a new form of financing – risk capital (angel and venture capital) — emerged.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. These companies would take our computers and put their name on them and resell them to their customers.

Technology 143

Technology Silicon Valley Fractional VPE Part-Time VPE 143

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Are there customers for what you are building? How many are there? Can it scale?”

Customer Development 267

Customer Development Developer Customer Silicon Valley 267

Steve Blank

SEPTEMBER 3, 2009

In the next few posts that follow, I’ll describe how thinking of a solution to this model’s failures led to the Customer Development Model – that offers a new way to approach startup sales and marketing activities. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers.

Customer Development 228

Customer Development Developer Silicon Valley Customer 228

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup IP 175

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. The process they use to guide their search is customer development. They would: Blog their Customer Development progress as a narrative. Weekly blog of the customer development narrative. Victor Hugo.

Silicon Valley 289

Silicon Valley Business Model Early Stage Venture Capital 289

Steve Blank

MAY 12, 2015

The SBIR/STTR program made ~6,200 seed stage investments in 2014, dwarfing the seed investments made by venture capital. startups that don’t fit whatever’s hot in venture capital. Then the companies were sent off to do customer discovery before coming to an optional “bootcamp workshop” 12 weeks later.

SBIR 120

SBIR Maryland Lean Seed Stage 120