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. Entrepreneurship.

Entrepreneur 336

Entrepreneur Business Model Capital Gains Aggregator 336

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. Here’s why. They build a minimum feature set.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model? Where Are the Customers?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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.

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

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

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

OnlyOnce

JUNE 30, 2022

Martina is an operating partner at Costanoa Venture Capital , an investor in both Return Path and Bolster , and I’d known Martina for several years before she joined Costanoa through Greg Sands. ” Then we hired Scott Roth , who has gone on to have a storied career as a multi-time CEO.

Silicon Valley 62

Silicon Valley Agile Venture Capital Framework 62

YoungUpstarts

JULY 22, 2011

You’ll find content categorized into different topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Aggregator 170

Aggregator Curation Widget Angel Investor 170

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. Smart entrepreneurs know when to outsource, so you may want to consider hiring a professional bookkeeper. But don’t hire the first bookkeeper you find.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

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

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. Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. innovation.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Steve Blank

JUNE 25, 2009

If you hire a VP of Sales with the idea that they can do customer discovery you violated the first principle of Customer Development – this isn’t a step the can be outsourced to a non-founder. Hiring a VP of Sales in customer discovery typically sets a startup back. However, your product itself will be doing a lot of the selling.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

JUNE 29, 2009

You’re Hired, You’re Fired. My first job in Silicon Valley: I was hired as a lab technician at ESL to support the training department. The manager of the training department who hired you wasn’t authorized to do so – and he’s been fired. Could I work here if he wanted to hire me?&#

Agile 245

Agile Silicon Valley RSS California 245

This is going to be BIG.

MARCH 1, 2010

My company was not well executed enough to achieve venture capital financing—and that wasn’t the city’s fault, it was mine. Even after we got funded, it took us three months to hire our first two developers at our prior companies—and I consider us pretty visible and well-networked. I was there, too.

New York City 113

New York City New York Startup Burn Rate 113

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. In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech and in 2009 he was honored with a TechFellow award in the category of Engineering Leadership.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Startup Professionals Musings

NOVEMBER 9, 2015

The need to hire staff immediately. If one of the top venture-capital firms invests in your startup, your potential for success will be boosted by the association. Bootstrapping continues to be the preferred approach, giving you maximum ownership, control and agility.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

VC Cafe

JULY 26, 2020

“After the crash, venture capital was scarce to non-existent. Agile Development: launch an MVP early and iterate quickly. In 2018, Quibi (back then called NewTV), raised $750 million in seed capital pre-launch (the service went on to raise an additional $1 billion ahead of the product launch in March 2020).

Lean 214

Lean Seed Capital Startup Burn Rate 214

YoungUpstarts

OCTOBER 31, 2016

The number of daily cases we had quickly rose from 10 to 100 to 1,000, and our lone customer service representative insisted that we hire another person to help out. We listened and hired another team member — but our customer service needs continued to double as the company expanded.

Los Angeles 100

Los Angeles Stealth San Francisco Cofounder 100

Steve Blank

APRIL 9, 2009

But what I wanted was an agile marketing team capable of operating independently without day-to-day direction. We hired union laborers to do that. I hired a Director of Product Marketing who in his last company had ran its marketing and then went out into the field and became its national sales director.

Silicon Valley 259

Silicon Valley Technical Review RSS PR 259

ReadWriteStart

JUNE 29, 2020

Most importantly, the phrase “ bootstrapping a startup ” translates into “growing your business with little or no venture capital or outside investment. It is also important to realize that, statistically speaking, most startups become operational without any venture capital or external funding sources.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

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. LESSON #3: Avoid these three hiring mistakes. When it comes time to grow your team, Jeff Jordan and Eric pointed out three hiring mistakes to avoid.

Lean 245

Lean Startup CTO Hire Cofounder 245

Altgate

SEPTEMBER 16, 2010

As your business grows, you will likely need more and more time from your accountant and at some point you’ll hire a full time person to handle the day-to-day, likely combined with roles as office manager or finance (not to be confused with accounting). World class In-house UX is one of the most challenging hires you’ll make.

Software Review 65

Software Review Offshore Startup Boston 65

Steve Blank

OCTOBER 24, 2017

Hire a CEO to Go Public. The VCs would hire a CEO with a track record who looked and acted like the type of CEO Wall Street bankers expected to see in large companies. The role of the independent member was typically to tell the founding CEO that the VCs were hiring a new CEO.). People had to actually pay you for your product.

Founder 245

Founder Technical Review CTO Hire IPO 245

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. For bigger booths a good rule of thumb is to have two to four staffers for every 100 square feet of exhibit space. What didn’t?

Silicon Valley 128

Silicon Valley RSS California Customer Development 128

Startup Lessons Learned

AUGUST 24, 2009

We faced this same problem in entrepreneurship and venture capital, but we are getting past it. If you want to get ahead in this new world, agile is already not agile enough, lean is too fat and investing money in processes which tell you whether you're doing the right thing will put you on the right track but not out in front. .

San Francisco 113

San Francisco Lean Technical Review Distribution 113

VC Cafe

SEPTEMBER 26, 2022

So in terms of hiring, get people that can help you build the product faster… anything that minimizes the time between observing a need or a problem, and the execution or the fix for it.” Use agility to your advantage and make speed a team priority. Early hires are super important: check for skills, motivation and cultural fit.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Steve Blank

APRIL 30, 2009

Initially your job is to understand each of the parts of your business model before you hire someone to do it. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) so at least some parts are being run by people who know what they are doing.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Startup Lessons Learned

APRIL 18, 2010

Truth: There’s nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. Truth: There’s nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. Expo SF (May.

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Steve Blank

SEPTEMBER 3, 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. For example, some startup sales execs believe hiring the core sales team is a key objective.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Steve Blank

JUNE 22, 2009

The original Hewlett Packard which made test and measurement products was spun-out and renamed Agilent. Agilent is a $5.8 It got bigger by inventing new test and measurement equipment and it hired people who knew how to execute that strategy. The remaining company kept the Hewlett Packard name and focussed on computers.

Silicon Valley 164

Silicon Valley RSS California Agile 164

SoCal CTO

DECEMBER 1, 2010

Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years. Competing To Win Deals - A VC : Venture Capital and Technology , November 7, 2010 The venture capital business is highly competitive.

Technical Review 175

Technical Review Technology Product CTO Hire 175

bhargreaves.com

MARCH 7, 2010

Most disturbingly, I’ve occasionally found myself agreeing with an entrepreneur’s decision to hire a development shop to build their product. You probably aren’t the best person to hire and manage a developer. In this case, going through a hiring process is not an option. Sometimes, it just makes sense.

Hiring 40

Hiring Technical Review Agile Software Review 40

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. When money is tight, when there aren’t dollars to redo mistakes, you look for processes that allow you to minimize waste.

Lean 244

Lean Silicon Valley Startup RSS 244

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.

Founder 44

Founder Vesting Agile Startup 44

Up and Running

MAY 23, 2016

If you don’t yet have a team yet, list the roles you need to hire for. If you don’t yet have a team yet, list the roles you need to hire for. 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.”.

Software Review 74

Software Review Software Delaware Forecast 74

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.

Netherlands 48

Netherlands France Salary Spain 48

Startup Lessons Learned

JULY 6, 2011

It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. This is someone whose job is to invest large amounts of money with the most successful venture capital firms in the world. I once received a phone call from a fund manager for one of the large university endowments.

Lean 167

Lean Startup Metrics Private Equity 167