Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In the few days I was in China I met with several VC’s, angel investors, business press and spoke to hundreds of entrepreneurs. In these series of 5 posts, I thought I’d share what I learned in China.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JUNE 15, 2011

Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation. In the stealth phase , prescient angel investors and Venture Capitalists (VCs) start investing in an industry or market segment that others have not yet found.

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. It’s time to ask why startup board governance has failed to keep pace with innovation. Board meetings that guide startups haven’t changed since the early 1900’s. It turns ad hoc startups into strategy-driven startups.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In the few days I was in China I met with several VC’s, angel investors, business press and spoke to hundreds of entrepreneurs. In these series of 5 posts, I thought I’d share what I learned in China.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

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. VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Startup Lifecycle Today.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

SEPTEMBER 30, 2015

And Silicon Valley’s pay-it-forward culture is a huge help to startup founders. David Lerner is an entrepreneur, angel investor and director of entrepreneurship at Columbia University. What’s more, as the Lean Startup revolution has gone mainstream, Dave said, it has started to change the trajectory of our economy.

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Steve Blank

AUGUST 5, 2010

Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company. The two watershed events for biotech startups were the Bayh-Dole Act of 1980 and the Orphan Drug Act of 1983. I call them “ Lean VC’ s” to emphasize why they’re different.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

AUGUST 8, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Lane’s first startup was Club Penguin , the largest online virtual world for kids, which was acquired by The Walt Disney Company in 2007 for $350M.

Cofounder 145

Cofounder New York City Entrepreneur New York 145

Steve Blank

SEPTEMBER 25, 2014

This is not usual—startups that fail often have a lot of people milling around who don’t know what the goal is. Not every startup gets to have this—but if you don’t, you’ve got a problem. In a startup you can’t do a great job of everything , you have to prioritize what is critically important, and what is “nice to have.”

Technical Review 333

Technical Review Venture Capital Software Review Database 333

Steve Blank

OCTOBER 11, 2016

The same passion that got your startup idea off the ground can blind you to signs that your company is failing. And not keep investors informed about changes to your business model can have serious consequences. — In his first startup, Clearwish, Brian learned it isn’t enough to focus on trying to realize your vision.

Columbus 245

Columbus Entrepreneur Ohio Cofounder 245

Steve Blank

AUGUST 8, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Lane’s first startup was Club Penguin , the largest online virtual world for kids, which was acquired by The Walt Disney Company in 2007 for $350M.

Cofounder 120

Cofounder New York City Entrepreneur New York 120

Steve Blank

OCTOBER 11, 2016

The same passion that got your startup idea off the ground can blind you to signs that your company is failing. And not keep investors informed about changes to your business model can have serious consequences. — In his first startup, Clearwish, Brian learned it isn’t enough to focus on trying to realize your vision.

Columbus 120

Columbus Entrepreneur Ohio Cofounder 120

Steve Blank

NOVEMBER 5, 2009

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. The goal of their startup in this stage becomes “getting funded.”

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Customer Development Developer Customer Silicon Valley 262

Steve Blank

FEBRUARY 26, 2020

Not all startups need outside investment to grow. What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Here’s the first 2½ years of a startup journey.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

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. A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery.

Oakland 326

Oakland Incubator Lean Metrics 326

Steve Blank

OCTOBER 26, 2009

The motivation in the mid 1950’s for these new startups was a crisis – we were in the midst of the cold war and the United States military and intelligence agencies were rearming as fast as they could. These technology startups had no risk capital – just customers/purchase orders from government/military/intelligence agencies.

Silicon Valley 159

Silicon Valley Securities and Exchange Commission Venture Capital RSS 159

Steve Blank

OCTOBER 29, 2009

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 125

Silicon Valley SBIC San Francisco RSS 125

Steve Blank

JULY 27, 2015

In addition, he is the founding chair and active member of TiE Angels , one of the most active Angel investor groups in the Valley with 140 members and 26 investments in the last three years, mostly in the B2B space. What it was like to do a startup. If you can’t hear the clip, click here.

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Channel India Technical Cofounder Silicon Valley 120