Remove Analytics Remove Customer Remove Customer Development Remove Early Stage
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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. What are Early Stage VC’s Really Asking? How many are there?

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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Over my career as a serial entrepreneur I observed that since the late 1990s, no early-stage Silicon Valley investor had used business plans to screen investments. Traction and evidence from customers were what investors were looking for – even in “slow” sectors like healthcare and energy. And there it was. Berkeley-wide.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

However, about 5% of the VCs in our database, mostly younger ones, are trying to build a competitive advantage by crawling large amounts of publicly available data and building analytical functions to flag companies with accelerating traction to them. ” Historically, investing was a manual, artisan process. Two Sigma Ventures.

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Launching a Portfolio Acceleration Platform at a Venture Capital or Private Equity Fund

David Teten

Dan Kozikowski, Partner and Head of Platform, First Mark Capital , said to me, “Firms should match services to the stage-specific needs of companies. For example, recruiting writ large is useful at all stages of development. But things like vendor introductions are only needle-movers at the earliest stages.

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Lean Analytics: The Best Numbers for Non-Tech Companies

Startup Lessons Learned

Analytics spark more questions and discussion than almost any other aspect of the Lean Startup method. If you’re coming to them from outside the tech sector, the language around analytics can be particularly confusing. For those new to analytics, Alistair and Ben have a free Udemy course well worth checking out.

Analytics 167
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. In this post, we’ll look at each of the four steps in the Lean Analytics Cycle in more detail. Run a survey, or look at what else they do, or examine customer feedback, or simply pick up the phone.

Metrics 156
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Reinventing Life Science Startups – Medical Devices and Digital Health

Steve Blank

Early stage Venture Capital for medical device startups has dried up. Some startups in this field are actually beginning with Customer Development while others struggle with the classic execution versus search problem. Filed under: Customer Development , Lean LaunchPad , Science and Industrial Policy , Teaching.

Startup 296