Steve Blank

JANUARY 4, 2010

In fact, Google’s offer for $15 Million was equal to the highest valuation from the venture firms. 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 276

Hockey Stick Venture Capital Startup Cofounder 276

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 297

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. Brendan McManus said: “Lessons Learned” – A New Type of Venture Capital Pitch [link] #startup #advice [.] Lessons Learned” – A New Type of Venture Capital Pitch [.]

Venture Capital 209

Venture Capital Silicon Valley RSS Hockey Stick 209

Cracking the Code

DECEMBER 16, 2006

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Venture Capital is about investing in the small, fast and agile company hoping that it will beat the large and slow incumbent. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). Venture Capital.

Software Review 48

Software Review Venture Capital Technical Review Europe 48

Startup Professionals Musings

NOVEMBER 9, 2015

Many of the best entrepreneurs I see find themselves besieged by investors, and have actively turned them away , at least until they reach a point of valuation and scaling where they don’t have to give away a lion’s share of ownership and control. Bootstrapping not only reduces cash needs, but increases commitment.

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Bootstrapping Cofounder Equity Agile 120

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. The fact is, bookkeeping can be hard to learn. Successful startups make data-driven decisions rather than relying on instinct and “feel.” Be compliant.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

VC Cafe

SEPTEMBER 26, 2022

Use agility to your advantage and make speed a team priority. ValuatIon should be a function of value, not ego. Kawasaki’s Law of Pre-Money Valuation: for every full-time engineer, add $500,000; for every full-time M.B.A., But valuations, especially those in the private market, are not necessarily a predictor of growth/ success.

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Founder Startup Valuation Pre-Money Valuation 187

The Equity Kicker

JUNE 21, 2012

One way to think about that is when penetration moves from say 0.25% to 5% – that is typically when companies can grow really fast and valuations sky rocket as analysts and incumbents come to recognise that a major market shift is underway. Agile Diagnosis - web and mobile app for doctors to improve speed and accuracy of diagnosis.

Agile 98

Agile Valuation Mobile Startup 98

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.); As long as the CEO’s behavior affects their employees not their customers or valuation, VCs often turn a blind eye. Filed under: Venture Capital.

Founder 245

Founder Technical Review CTO Hire IPO 245

Up and Running

AUGUST 19, 2014

For example, one of the angels I pitched to cared deeply about our competitive landscape, whereas another wasn’t too concerned about the competitive landscape, he was more interested in our financial assumptions and my team’s ability to implement in an agile fashion. Angels vs. venture capitalists. What impresses angels?

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

Steve Blank

NOVEMBER 5, 2009

This post describes how companies using the Customer Development model can increase their credibility, valuation and probability of getting a first round of funding by presenting their results in a “Lesson Learned&# venture pitch. They will realize that you have built a startup that’s agile, resilient and customer-centric.

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Customer Development Developer Customer Silicon Valley 262

Agile VC

NOVEMBER 13, 2012

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. This was also the period when VC started expanding seriously in emerging markets like India and China, and many LPs put new capital into these OUS funds. 2) Rebirth of Some Firms - Mobius Venture Capital is now defunct.

LP 154

LP Portfolio Venture Capital IRR 154

Steve Blank

MAY 9, 2017

the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally. Venture Capital used to be a tight club clustered around formal firms located in Silicon Valley, Boston, and New York.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Cracking the Code

APRIL 13, 2007

The post-internet sales force evolved into a more agile tiered engine, starting with leads generated on the website, followed by a telesales team that would further qualify the lead and assigned it to the proper sales team (telesales for SMB or direct sales for Enterprise). Detailed SaaS Spreadsheet (Valuation and CAC benchmark).

Software Review 48

Software Review Internet Software Technical Review 48

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

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Agile project management tool that enables real time collaboration. Agile project management. agile product management. agile product management and Scrum tool. Agile project management tool collaborative product life-cycle. Mercurial â??

Software Review 53

Software Review Technical Review Startup 53