Steve Blank

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. The consequences of raising venture money.

Venture Capital 334

Venture Capital IRR Liquidity Event Business Model 334

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). These topics were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern).

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. Boldstart uses both Zapier and Catalytic for this purpose.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 431

Cofounder Seed Stage Valuation Metrics 431

Steve Blank

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. The consequences of raising venture money.

Venture Capital 226

Venture Capital IRR Liquidity Event Business Model 226

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 316

Wiki Lean Management Business Model 316

mashable.com

SEPTEMBER 14, 2011

Clearly Define Your Business Model While this may sound like a trivial task, young startups often have an exciting and innovative product, but no real plan for monetizing it. It’s critical to establish this component of your business before thinking seriously about growth. in place before you expand.

France 77

France Marketing Social Media Startup 77

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. But the computer retail channel was a large part of our sales. Or blame my MarCom department who approved it. Worry about the sales results. What did we learn?

Sales 120

Sales Silicon Valley RSS Las Vegas 120

www.forentrepreneurs.com

FEBRUARY 2, 2010

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. However there is a lot of value in looking at these same metrics for all other businesses.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when). resident.

Software Review 74

Software Review Software Delaware Forecast 74

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Amazon Web Services. Web Tools: Hereâ??s We have an iOS SDK as well, for web-web, mobile-mobile, web-mobile video chat and video messaging. Twilio : Need to call/txt get a phone number from your web/mobile application? Domains.Co.

Software Review 53

Software Review Technical Review Startup 53

Steve Blank

DECEMBER 7, 2009

Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. We had validated our new assumptions by a set of orders, and we had pivoted on our business model. It is web-based, fast and easy and soon to may be available on the iPhone.

Silicon Valley 253

Silicon Valley Non-disclosure Agreement NDA Startup 253

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 263

Lean Internet Silicon Valley Venture Capital 263

www.usatoday.com

JULY 16, 2012

Americas new business model: Sharing. The nation is in a sharing mood — and start-ups are capitalizing on it. TaskRabbit has (people) making over $5,000 a month in San Francisco," says Craig Shapiro, founder of Collaborative Fund, a venture-capital fund specializing in sharing sites. Game Hunters. Jinny Gudmundsen.

San Francisco 105

San Francisco Technical Review Zimbabwe New York City 105

Steve Blank

MAY 29, 2019

My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model. Distribution channels, brand loyalty, etc.

Incubator 332

Incubator Lean Programming Government 332

Steve Blank

JULY 13, 2009

Given the lukewarm feedback we were getting from potential customers and channel buyers we should have dramatically dialed back the hype until the follow-on games could match it. Hype before shipping any product is an obvious flaw, but what about hyping products that have shipped but have zero business model? Order Here.

Silicon Valley 122

Silicon Valley Product RSS California 122

The Next Web

AUGUST 26, 2013

Most first-time entrepreneurs write huge business plans, instead of creating a short pitch-deck. Focus on building a prototype, test your business model and create a clear strategy to become a sustainable and scaleable business fast. Brad Feld wrote a great book about Venture Capital.

Management 120

Management Cofounder Startup Bootstrapping 120

crowdSPRING Blog

MARCH 1, 2010

07:00 PM: TechSet Party Speakeasy – This Friday SXSW kickoff party unites the digerati as they channel their inner Fame Monster by reviving a decade of style and glamour that made the social elite go ga ga. 11:00 AM: The Future of Influence 10AB – The ability to share online has allowed consumers to control and filter the web.

Omaha 79

Omaha Silicon Valley Technical Review Social Media 79

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. Now I just need a business model. 8 – Lack Passion and Domain Expertise. 5 – Ran out of cash.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

Up and Running

SEPTEMBER 20, 2016

enabling you to expand on an already working business model), and if you’re in the extremely early stages of building your company, you still need to develop your product. See Also: 17 Venture Capital Blogs You Should Be Reading. See Also: The Best Places Worldwide to Start Your High-Growth Startup. Product development.

Early Stage 60

Early Stage Startup Forecast Channel 60

Duct Tape Marketing

JULY 26, 2018

Rand Fishkin: I think it’s a company that is striving for rapid growth and seeking to find a scalable, repeatable business model that works. John Jantsch: Isn’t that every business? If you raise venture capital versus getting a bank loan, you are no less or more of an entrepreneur.

Silicon Valley 32

Silicon Valley SEO Startup Technical Review 32

mashable.com

NOVEMBER 3, 2010

Contact Us Submit News Contact Us Write for Us Spark of Genius Series Mashable | The Social Media Guide Business Mashable on Facebook Join Us! The Small Business Tips Series is supported by Bantam Live , a web-based collaboration workspace with “Social CRM&# for small business teams.

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

VC Cafe

OCTOBER 14, 2010

Bloch was previously a partner in Jerusalem Venture Partners and an active member of the board in the Israeli startup Wix. Its business model consists of advertising and selling the behavioral purchasing data of its consumers – including brand loyalty and frequently searched for products.

Venture Capital 98

Venture Capital Aggregator eCommerce Partner 98

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. Patrick: You can channel Cathy Sierra on this and say that the users, you become a Meeting King. Edwin: No, I do think, and I realize that very much, that if I were to take venture capital, the whole game changes.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Cracking the Code

OCTOBER 10, 2008

You validated our business model and added huge value to our efforts. Keep up the blogging and web casts and we will keep listening and growing. However, as we know from the cable industry, subscription businesses can be very profitable over time. Let me just say "Thanks". to acquire the client. Philippe Botteri.

Software Review 48

Software Review North America Europe Metrics 48

Reid Hoffman

JANUARY 19, 2021

On many boards, both the CEO and CFO have direct channels with the board so that they can provide the yin and yang (in a well-coordinated way). I (and many others) have spent our fair share of time criticizing venture capitalists. But venture capital is the only profession whose members get lots of repeat practice being board members.

Startup 36

Startup Cofounder Advertising Hiring 36

www.forentrepreneurs.com

FEBRUARY 2, 2010

For Web and SaaS businesses with smaller transactions at higher volumes, this kind of modeling and tracking is much easier, as web-based lead generation and marketing have easy to implement measurements, and the greater the volume of transactions, the more clearly patterns emerge. Bookings is the pre-cursor to Revenue.

Metrics 55

Metrics Design Entrepreneur Startup 55

Hunter Walker

APRIL 18, 2013

There’s an explosion in web video content (and it’s not all on YouTube) 2. It’s difficult on YouTube to find and manage the content you want to watch These are both absolutely true yet it doesn’t matter – video discovery startups are flawed products and even worse businesses. Just build it.

Video 98

Video Curation Startup Metadata 98

Steve Blank

AUGUST 20, 2009

Rule 1: In an existing market Customer Development means not only understanding potential customers, but your competitors in detail – their product features, their sales channels, their demand creation strategy, their business model, etc. We’re about to ship next week.” This is easy to test.

Silicon Valley 206

Silicon Valley Startup RSS Customer Development 206

infochachkie.com

SEPTEMBER 24, 2011

There is an inherent conflict in a consultant’s business model and the needs of a startup. John is currently a partner at Rincon Venture Partners , a venture capital firm investing in early stage web-based businesses, and is a Co-Founder of RevUpNet , a performance-based online marketing agency.

Equity 40

Equity Silicon Valley Cofounder PR 40

BeyondVC

JANUARY 12, 2009

  Ever since, he has been using the phone to take pictures nonstop, send emails and SMS messages, stay connected to Facebook, and surf the web looking for the latest news or directions.   More importantly, will there be any grand slam venture capital opportunities in wireless? 

Mobile 60

Mobile SMS Venture Capital Web 60

techcrunch.com

OCTOBER 23, 2010

It is the first in a series of posts he’s writing about the decisions a young entrepreneur needs to make when she/he is first starting a business. The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. Johnny Good post.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

Steve Blank

SEPTEMBER 17, 2009

If you can’t find enough paying customers in the Customer Validation step, the model returns you to Customer Discovery to rediscover what you failed to hear or understand the first time through the loop. The absolute number depends on your channel and industry. But if you have a web based product the right answer may be 300-500.

Customer Development 253

Customer Development Developer Customer Silicon Valley 253

This is going to be BIG.

JANUARY 3, 2014

The web is riddled with dead blogs and rare is the consistant indie blogger who just writes because they like to. The act of publishing on the web feels authoritative, and a lot of people can''t get past that. I could put an ad on my blog, but who''s really going to get excited about a banner on the web.

Curation 155

Curation HTML RSS Venture Capital 155