Steve Blank

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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. However, four critical advances over the past decade (cloud, accelerators, Lean, and Angels) not only changed the math for tech investing but made regional tech clusters possible. The Bend Experience. Build $10-30M funds.

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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. For a few reasons, I’ve been struggling to make sense of all the noise happening in what others have called the Super Angel arena.

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Bigger in Bend – Building a Regional Startup Cluster–part 1 of 3

Steve Blank

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. Fixing the Missing Pieces of Infrastructure.

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How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

While the posts were theory I was a bit surprised when John Selep , an early-stage investor, approached me and said he was actually using the Investment Readiness Level (IRL) in practice. In our Angel investor group, our Applicant Selections process ranks applicant companies relative to the other applicants. But the ‘ah-hah!’

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Entrepreneurs are Everywhere show No. 4: David Lerner and Gary Marcus

Steve Blank

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. I’m seeing it in real time.

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Reinventing the Board Meeting – Part 2 of 2 – Virtual Valley Ventures

Steve Blank

When the boardroom is bits, angel-funded startups can get experienced advice – independent of geography. An angel investor or VC can multiply their reach and/or depth. It also provides visibility for a deep look at their data over time and facilitates delivery of feedback and advice. 4) Geography. We Ran the Experiment.

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Watching Larry Ellison become Larry Ellison — The DNA of a Winner

Steve Blank

Pragmatic and Lean. Angel investor Don Lucas had his office above ours. Often it was people cold calling us, who had read something in a trade magazine and wanted to know more. What a gift! Not every startup gets to have this—but if you don’t, you’ve got a problem. Sequoia Capital eventually invested just a little in us).