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? Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. This means you still need to have a resilient personality, and be agile.

Cofounder 229

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Steve Blank

APRIL 10, 2009

An irreversible decision is firing an employee, launching your product, a five-year lease for an expensive new building, etc. 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.

Silicon Valley 307

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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. Some companies use a suggestion box, others like Google give employees 20% of their time to work on their own projects. The second type of business innovation is called process improvement.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

Cracking the Code

MARCH 29, 2022

One of the benefits of the cloud is that it gives development teams more agility and flexibility, but with increased flexibility comes the downside of a loss of control and visibility. That said, some large sectors like financial services and healthcare only started to migrate their core workloads and data to the cloud more recently.

Cloud 62

Cloud Cofounder Architecture Technical Cofounder 62

Steve Blank

JANUARY 4, 2010

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. They hired a world-class team with co-founders and early employees who shared their vision. The Scalable Startup. In the U.S.

Hockey Stick 299

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Steve Blank

APRIL 11, 2018

In this case the entrepreneurs know something potential employers don’t – that nowhere on their resume does it show resiliency, curiosity, agility, resourcefulness, pattern recognition, tenacity and having a passion for products. There was little loss when they missed hiring employees who had entrepreneurial skills.

Entrepreneur 336

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Steve Blank

MARCH 29, 2010

After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner. For example, when we taught the value of getting out of the building and agile development, we had Eric Ries talk about the Lean Startup. Over the summer we had both been impressed with Alexander Osterwalder’s Business Model Template work.

Business Model 235

Business Model Silicon Valley California Engineer 235

Steve Blank

JULY 25, 2011

Fifteen months later eight of Shockley’s employees (three physicists, an electrical engineer, an industrial engineer, a mechanical engineer, a metallurgist and a physical chemist) founded Fairchild Semiconductor. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

Engineer 311

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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. The Focus on Execution Versus Agility The product development diagram has a linear flow from left to right.

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Customer Development Developer Customer Silicon Valley 244

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.

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Venture Capital IPO Liquidity Event Entrepreneur 303

YoungUpstarts

NOVEMBER 2, 2015

Startups are agile. However, the demand for speed isn’t enough to make a team more agile, it involves enhancing autonomy, by first putting the right people in place. As a leader, you can’t move quickly and easily if your employees depend on you for every decision that has to be made. Startups unlock creativity.

Indiana 100

Indiana Silicon Valley Agile Startup 100

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.

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Architecture IRR Balance Sheet Liquidity Event 227

The Startup Magazine

NOVEMBER 11, 2020

Some companies, most noticeably providers of storage pods and smaller, more agile enterprises can change their business model and adapt to the changing economy. Ø Human-centric: it bases itself on utilizing how its employees and managers work best. But with so much uncertainty, why is now the right time to find a business idea?

Business Model 157

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Startup Lessons Learned

OCTOBER 4, 2008

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. That institution will touch many people in its life: customers, investors, employees, and everyone they touch as well. Expo SF (May.

San Francisco 155

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Steve Blank

JUNE 29, 2009

Reply 7thpixel , on June 29, 2009 at 10:23 am Said: My first start up in 1999 I was employee #10 or so and signed up for a Graphic Designer position. Agile Opportunism – Entrepreneurial DNA « Steve Blank (tags: startup) [.] Agile Opportunism – Entrepreneurial DNA. You’re Hired, You’re Fired. Reply Create.

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BeyondVC

FEBRUARY 12, 2014

With a focus on seed investing in the mobile, agile, and smart enterprise and business models that harness the power of network effects, our entrepreneurs have successfully been able to raise over $200 million of financing following our initial seed investment. focus on the mobile, agile, and smart enterprise".

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YoungUpstarts

OCTOBER 31, 2016

So we continued to hire more full-time salaried employees to help ease the pain. Stay agile so you can respond intelligently to your company’s needs. When you’re working in your business, you treat day-to-day symptoms such as disgruntled employees, unhappy customers, and other matters.

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Los Angeles Stealth San Francisco Cofounder 100

Up and Running

FEBRUARY 8, 2016

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. Can I get this value through a hired employee or contractor? The fact is, bookkeeping can be hard to learn. Get credit for your business. Be compliant.

Entrepreneur 60

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Steve Blank

APRIL 27, 2009

And in hindsight, we seemed a bit more agile and innovative in WWII.) Yet decades later the military lacked the agility to write a spec in two years, let alone get 10′s of thousands of new systems deployed on aircraft as Terman had done. I ultimately answered that call, joining Sun Microsystems with a 3-digit employee number.

Silicon Valley 203

Silicon Valley Technical Review Europe Germany 203

Steve Blank

APRIL 9, 2009

Department Mission Statements – What am I Supposed to Do Today It wasn’t that we somehow had inherited dumb employees. No one had sat the marketing department down and defined what our department Mission (with a capital “M”) was. Titles are not the same as what your job is. This is a big idea. we might fail to deliver 40,000 leads.)

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Silicon Valley Technical Review RSS PR 269

Up and Running

JUNE 23, 2015

As an employee of Palo Alto Software, I remember reading about Maternova because in 2012, they won the “Business Boost” competition we were sponsoring, and a grand prize of $10,000. . ” At this point, they have launched products in over 40 countries. The Lean Startup by Erik Reis.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

Steve Blank

MAY 22, 2009

Everyone should be articulate and agile in describing and demoing the products.) If your don’t have enough employees on the payroll, hire relatives, friends, or part-timers and train them. Where can I read about the training to give for employees who will be at a booth? Messages, themes, demo’s. What didn’t?

Silicon Valley 136

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Startup Lessons Learned

DECEMBER 14, 2017

The result is a combination of design thinking, Lean Startup, and Agile Scrum, and Ignacio’s innovation team includes 25 coaches who train employees in PACE best practices. If you know the true story of any [startup], the early employees are every bit as entrepreneurial, every bit as dedicated … as the true founder,” Eric seconded.

Lean 245

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Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? You should keep your employees as 1099s as long as possible (there are state and federal guidelines on this that your accountant will help you comply with). He basically outsources everything. Sure Payroll is a good service.

Software Review 65

Software Review Offshore Startup Boston 65

Steve Blank

JUNE 22, 2009

Things Change In 1956 Hewlett Packard (HP) was a 17-year old company with $20 million in test equipment sales with 900 employees. The original Hewlett Packard which made test and measurement products was spun-out and renamed Agilent. Agilent is a $5.8 I’ll show you the memo in a second. But first some background.)

Silicon Valley 186

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Steve Blank

OCTOBER 24, 2017

Incubators and accelerators like Y-Combinator have institutionalized experiential training in best practices (product/market fit, pivots, agile development, etc.); The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month). Founders Take Money Off the Table.

Founder 274

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VC Cafe

SEPTEMBER 26, 2022

A combination of competition for top talent and an effort to bring employees back to the office drove startups in Israel to throw extravagant parties and all-inclusive retreats abroad. The press took notice, especially since just a few months later startups were laying off employees en-masse to cut costs. Need for Speed, indeed.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Steve Blank

APRIL 30, 2009

Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) And when you do delegate responsibility I tend to favor the “Trust but Verify&# model- telling new employees, “I’m going to be looking over your shoulder for the first 90 days.

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Agile VC

OCTOBER 29, 2014

Most folks reading this will know that many startups were built in part with the help of venture capital. Defined-benefit (DB) pension funds are the entities which pay a fixed pension amount to retired employees of a particular organization. Typically, there are four basic reasons why an organization would invest indirectly.

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Venture Capital LP Private Equity Institutional Investors 279

blog.simeonov.com

FEBRUARY 22, 2010

I have been thinking a lot recently about how to apply agile development principles to investing and key aspects of startup development such as team building. Both stem from the agile principle of delaying decisions until the last responsible moment. The first post is about agile startup fundraising. Which founder agreement?

Founder 44

Founder Vesting Agile Startup 44

Steve Blank

MAY 15, 2009

We need our own cafeteria so employees don’t have to leave the building. The new building telegraphed to our employees, “We’ve arrived. 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 [.] [.] We didn’t have enough conference rooms.

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Cracking the Code

OCTOBER 9, 2015

Emmanuel Macron during the workshop in Versailles In this context I was invited, together with a large dozen of foreign investors, to participate in a workshop to discuss what France could to do to attract more venture capital from global firms. Lower social charges for foreigners joining a company less than 10 years old.

Netherlands 48

Netherlands France Salary Spain 48

Up and Running

MAY 23, 2016

Ryan Chan, founder at UpKeep said, “We created an LLC at first, but after realizing that we wanted to take on venture capital, we decided to move to a Delaware C corp.”. venture capital. Seek out venture capital funding. 17 Venture Capital Blogs You Should Be Reading. or even be a U.S.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

SEPTEMBER 21, 2016

Even if they’re not the ones driving change, they’re small and agile enough to adapt to it. See Also: 12 of the Hottest Venture Capital Firms in 2016. When so much is changing so quickly, it’s hard to pin down exactly what skills a prospective employee is going to need. For small businesses, this is great. In the end.

Technical Review 60

Technical Review Small Business Software Review Operations 60

Steve Blank

APRIL 2, 2009

When your employees see that it’s “an anything goes” culture you’ll find unethical behavior occurring that you will regret. I teach teams various Agile techniques, and occasionally get told some particular trick is cheating. But besides being morally wrong, in the end they come back to bite you big time.

Silicon Valley 127

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YoungUpstarts

AUGUST 17, 2011

Entrepreneurs create success by being agile and by making effective but quick decisions based on what they have in front of them. The “benevolent” part means doing the right thing for the right reasons, for all stakeholders — in education, this means your teachers and other school employees, your students, their parents, etc.

Cofounder 222

Cofounder Programming Leadership Ohio 222

Rob Go

OCTOBER 17, 2011

Sometimes, there is a job description of some sort written with a “qualifications” section, but most of them end up being super generic with qualities like “self starter”, “highly motivated”, “collaborative”, or other random stuff that you hope every employee has. Both in hiring and in firing.

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Due Diligence Agile Venture Capital Differentiation 48