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When It’s Darkest Men See the Stars

Steve Blank

the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. The plummeting cost of getting a first product to market (particularly for Internet startups) has shaken up the venture capital industry.

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Innovation, Change and the Rest of Your Life

Steve Blank

The plummeting cost of getting a first product to market (particularly for Internet startups) has shaken up the Venture Capital industry. Venture Capital used to be a tight club clustered around formal firms located in Silicon Valley, Boston, and New York. VCs have now ceded more control to founders.

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