Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

APRIL 13, 2013

In the few days I was in China I met with several VC’s, angel investors, business press and spoke to hundreds of entrepreneurs. Startups here are primarily in what they call the TMT (Technology, Media and Telecommunications) segment. It was the first of the 54 Science and Technology Industrial Parks.

Silicon Valley 163

Silicon Valley China Venture Capital Merger 163

Rob Go

SEPTEMBER 9, 2013

Mass TLC Unconference: Large annual conference put on by the MA Technology Leadership Council. Lean Startup Circle Boston – Meetup dedicated to the lean startup and customer development methodology. Belmont Technologies – CAD in the Cloud (backed by Northbridge and NEA). Next major event? Future M on Oct 16.

Boston 71

Boston Technical Review Community Cofounder 71

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Reinventing the board meeting may offer angel-funded startups that don’t have formal boards or directors (because of geography or size of investment) to attract experienced advice and investment outside of technology clusters (i.e.

Silicon Valley 288

Silicon Valley Business Model Early Stage Venture Capital 288

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 public markets for venture-backed technology stocks never really recovered after the collapse of the dot-com boom. Here’s why.

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Venture Capital IPO Liquidity Event Entrepreneur 302

Steve Blank

AUGUST 5, 2010

The technologies were different, the time horizons were different, (2 to 5x longer to take a drug through FDA trials ~14 years,) and the regulatory environment was different (barely any in traditional VC investments compared to FDA trials for drugs and 510K approvals needed for medical devices.) Lean Angels.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer angel-funded startups – which because of geography or size of investment typically don’t have formal boards or directors – to attract experienced advice and investment outside of technology clusters (i.e. And lacking a board meeting there’s no formal mechanism to get investor advice.

Silicon Valley 296

Silicon Valley Business Model Venture Capital Balance Sheet 296

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. 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. This should not deter you. What went wrong?

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer angel-funded startups – which because of geography or size of investment typically don’t have formal boards or directors – to attract experienced advice and investment outside of technology clusters (i.e. And lacking a board meeting there’s no formal mechanism to get investor advice.

Silicon Valley 269

Silicon Valley Business Model Venture Capital Balance Sheet 269

Steve Blank

SEPTEMBER 30, 2015

David Lerner is an entrepreneur, angel investor and director of entrepreneurship at Columbia University. He is also an adjunct professor of entrepreneurship at Columbia Business School , and an angel investor hailed as one of New York City’s top 100 early-stage investors. Dave Lerner. Maybe I should do it.”

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Steve Blank

AUGUST 8, 2016

As CEO, Ryan has grown Qualtrics to one of the fastest-growing technology companies in the world. In the early days of building Qualtrics, Ryan tried giving the product away to entice customers to use it. Filed under: Customer Development , SiriusXM Radio Show. Their goal was to make sophisticated research simple.

Cofounder 148

Cofounder New York City Entrepreneur New York 148

Startup Lessons Learned

NOVEMBER 1, 2013

Christie is director of New Media Ventures , the first national network of angel investors supporting media and tech startups that disrupt politics and catalyze progressive change. 3) Customer Development: In the social change space, the customer who "pays" (e.g.

Lean 167

Lean San Francisco Metrics Angel Investor 167

ReadWriteStart

JUNE 15, 2011

The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas. Yet even with all these tools, early stage startups still need to physically meet with advisors and investors. Now they can.

Silicon Valley 118

Silicon Valley Startup Early Stage Business Model 118

Steve Blank

AUGUST 8, 2016

As CEO, Ryan has grown Qualtrics to one of the fastest-growing technology companies in the world. In the early days of building Qualtrics, Ryan tried giving the product away to entice customers to use it. Filed under: Customer Development , SiriusXM Radio Show. Their goal was to make sophisticated research simple.

Cofounder 120

Cofounder New York City Entrepreneur New York 120

ReadWriteStart

JUNE 13, 2011

Reinventing the board meeting may offer angel-funded startups - which because of geography or size of investment typically don't have formal boards or directors - to attract experienced advice and investment outside of technology clusters (i.e. The combination of Venture Capital and technology startups is only about 50 years old.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Steve Blank

OCTOBER 11, 2016

But it was very difficult to find engaged studio owners that wanted to change how they were operating their businesses to adopt a technology-based model, and find musicians that had enough money to book consistent sessions through the platform. Filed under: Customer Development , SiriusXM Radio Show. Tune in Thursday, Oct.

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Columbus Entrepreneur Ohio Cofounder 248

rob.by

MARCH 8, 2012

Certainly using techniques such as customer development (www.custdev.com) and lean startup (minimum viable product) can help go a long way to giving the tech co-founder some early payback in terms of whether there will be any traction in the idea and reduce their inital involvment to get to prototype stage. What is the product?

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

Steve Blank

OCTOBER 11, 2016

But it was very difficult to find engaged studio owners that wanted to change how they were operating their businesses to adopt a technology-based model, and find musicians that had enough money to book consistent sessions through the platform. Filed under: Customer Development , SiriusXM Radio Show. Tune in Thursday, Oct.

Columbus 120

Columbus Entrepreneur Ohio Cofounder 120

viniciusvacanti.com

SEPTEMBER 7, 2010

In many ways, good technical co-founders and angel investors are looking for the same thing. You don’t know anyone, you don’t have experience, you don’t have traction and you don’t have investors. Your Realistic Options Most people find themselves here. davetomback Great post.

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We now have the tools, technology and data to take incubators and accelerators to the next level. We think we can do better.

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Oakland Incubator Lean Metrics 329

www.instigatorblog.com

OCTOBER 23, 2010

Chris is putting out a ton of great content, and encouraging exceptional debate and discussion on startups and investing.

Equity 41

Equity Employee Startup Vesting 41

SoCal CTO

SEPTEMBER 8, 2010

August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. If you are an entrepreneur or active in the angel/seed sector, you should read it. Developer. angel investing tips.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

www.instigatorblog.com

MARCH 2, 2010

Subscribe to Instigator Blog Recent Posts Founder DNA – How Investors Evaluate Startup Founders Pitching Year One Labs and What I’ve Learned So Far Device Addiction: How the iPad Changes the Way Kids Interact with Technology A Postmortem Analysis of Standout Jobs Target Markets: Should be Disrupted vs. Ready for Disruption Find Stuff Startup (..)

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

www.women2.org

MARCH 8, 2012

After quitting my job and starting Sorced , I spent a few months validating my business concept by creating the product mockups and doing customer development. Angel Investors. Women’s Capital Connection: Changing The Face Of Angel Investing (Women Angel Investors). Acquisition. Debriefing.

Cofounder 47

Cofounder Technical Review San Francisco Founder 47

Startup Lessons Learned

JANUARY 10, 2011

We still have some collective scar tissue: the idea conjures up the hordes of dot-com hopefuls that descended on VC’s and angel investors with little more than a business plan. It’s a common refrain around Silicon Valley to disparage the role of MBA’s in entrepreneurship. I also frequently see the reverse.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Up and Running

MAY 23, 2016

You can read more about setting up a C-Corp in Delaware here; it’s a particular favorite for technology startups, and there are plenty of reasons why: The ability to incorporate without needing to reside in the U.S., 11 Angel Investor Blogs You Should Be Reading. or even be a U.S. Establishing a U.S. residents access to U.S.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

OCTOBER 26, 2009

Stanford and MIT were building on the technology breakthroughs of World War II and graduating a generation of engineers into a consumer and cold war economy that seemed limitless. These technology startups had no risk capital – just customers/purchase orders from government/military/intelligence agencies. Order Here.

Silicon Valley 177

Silicon Valley Securities and Exchange Commission Venture Capital RSS 177

maplebutter.com

JANUARY 8, 2013

what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “product development” eg new social media website project? I think it’s a huge mistake to outsource technology as a startup. investors like great companies, that’s really the filter.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Steve Blank

OCTOBER 29, 2009

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. Five years later Dennis and a small group of angel investors who called themselves “The Group” started investing in new electronics companies being formed in the valley south of San Francisco.

Silicon Valley 129

Silicon Valley SBIC San Francisco RSS 129

techcrunch.com

OCTOBER 23, 2010

link] tenthings most business-grads are too arrogant to realize that they are selling technology, not hot air, so they need a tech team to build upon, not a product. Your technology is really cool and working great but no one knows you exist. The business guys only started coming in after the core technology had been built out.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

SoCal CTO

AUGUST 3, 2010

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) - 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. Angel vs VC? - Customer Care Today.

Software Review 217

Software Review Startup Venture Capital Technical Review 217

steveblank.com

JULY 8, 2011

Reply steveblank , on September 16, 2009 at 7:00 pm said: Greg, The Google Group “Lean Startup Circle&# at [link] is a wonderful repository of Customer Development/Lean Startup success and failure. This video should be the gold standard in explaining contract terms. It’s more reference material. Thus, these pages.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.quora.com

JANUARY 16, 2011

You can argue that the DNA created by Microsoft's over emphasis on distribution (Steve) and development (Bill), has ultimately cost it $50bn or more in lost revenue, market share and market capitalization. Developers have worn the crown for the last 30 or more years in the technology industry - rightly.

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Technical Review Startup CTO Hire Cofounder 51

www.vccafe.com

MARCH 11, 2013

Every startup faces multiple choices and decisions when it comes to technology. Steve Blank on Lean Customer Development. Ad Serving Technology. List of Angel/SuperAngel Investors for entrepreneurs. Venture Hacks Angel List â?? raise money with angel investors. Codeacademy. Steve Blank.

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Software Review Technical Review Startup 53