Steve Blank

MARCH 5, 2024

Then let’s run the same thought experiment with Venture Capitalists. At $100 million would capitalism crumble? Would we all be, heaven forbid, be “Socialists” or worse, to even have this conversation? It makes me wonder – are startups still founded by people with a passion for creating something new? Invest less? If so, why?

Vietnam 191

Vietnam Venture Capital Business Model Engineer 191

David Teten

JANUARY 19, 2021

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. Yes, via conversion rights at a valuation cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

VC Cafe

SEPTEMBER 2, 2022

That’s on average the time venture capital investors spend on a pre-seed pitch deck, according to the latest Dropbox/Docsend funding research report. Market size Team Traction Competition – be honest and knowledgeable about your competitive landscape Business model/ financials The Ask – how much are you raising?

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

YoungUpstarts

OCTOBER 22, 2018

Well I couldn’t ask for a better conversation to kick off a conference. Our conversation also had me thinking about our other clients, potential clients and the firms that decided to go a different direction. For the past four years Ryan has been a senior associate with late-stage venture capital firm Next Level Ventures.

Iowa 113

Iowa Investment Bankers Cloud Software Review 113

Steve Blank

DECEMBER 20, 2011

No, the conversation was about to get more interesting. We taught them the business model / customer development / agile development solution stack. First, we brought all 21 teams to Stanford for 3-days of 10 hour-a-day classes in business model design and customer development. billion U.S. Our country needs you.”

Incubator 306

Incubator Government Silicon Valley Lean 306

The Equity Kicker

JUNE 9, 2014

There’s definitely a feeling out there that businesses with a $1m revenue run rate are well-established and thus have a growth risk profile rather than a venture risk profile. Startup general interest Venture Capital' Many people think that VCs in Europe are failing our entrepreneurs by not taking enough risk.

Entrepreneur 143

Entrepreneur Venture Capital Europe Revenue 143

SoCal CTO

MARCH 11, 2013

I actually think you can push the conversation pretty far with most investors and a few good mockups. As Steve Blank likes to say: A Startup Is a Temporary Organization Designed to Search for A Repeatable and Scalable Business Model The unfortunate reality is - an MVP is not the above! Investors demand more than that.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

Steve Blank

APRIL 14, 2013

business models. There is a huge difference between the Chinese who have never left and those who went to school abroad, even for a few months – at least a difference in their ability to relate to me and have a conversation on the same wavelength. business models. Of course “copy” is too strong a word.

China 326

China Silicon Valley Non-Compete Intellectual Property 326

ReadWriteStart

APRIL 8, 2023

In my experience, I follow different resources, for instance, the Andreessen Horowitz blog , one of the top venture capital funds reporting trends in their newsletters, and INC.5000 5000 , a blog about the fastest-growing business models.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

The Next Web

JULY 20, 2013

Do they really expect that the next Facebook will come knocking at their ivory towers with a polished product, proven business model and the only thing missing on the way to an IPO being their Series A investment?”. Not all entrepreneurs are aware of the responsibilities associated with receiving venture capital.

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

David Teten

APRIL 17, 2012

After work on April 18, thirty-five curious developers will visit the ff Venture Capital offices to learn about our fund and listen to technical talks by the founders and technical experts of Parsely and Movable Ink. Instead they create a welcoming environment for two-way conversation.

Venture Capital 141

Venture Capital Developer Startup Hosting 141

Steve Blank

NOVEMBER 16, 2009

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#

Customer Development 226

Customer Development Web Developer Customer 226

Steve Blank

APRIL 14, 2013

business models. There is a huge difference between the Chinese who have never left and those who went to school abroad, even for a few months – at least a difference in their ability to relate to me and have a conversation on the same wavelength. business models. Of course “copy” is too strong a word.

China 218

China Silicon Valley Non-Compete Intellectual Property 218

Steve Blank

NOVEMBER 8, 2013

” conversation with investors. (If The Petal Diagram drives your business model canvas. ” That’s handy if you’re using a Lean Startup methodology because the Petal Chart helps you identify your first potential customer segments on the business model canvas.

Venture Capital 335

Venture Capital Customer Development Business Model Lean 335

Steve Blank

JULY 1, 2014

a language corporate innovation groups can use to communicate to business units and finance. Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. data that investors, accelerators and incubators can use to inform selection. No ambiguity.

Sacramento 311

Sacramento Framework Customer Development Lean 311

This is going to be BIG.

MAY 2, 2023

The venture asset class seems to have already decided that AI is the next great investment opportunity, but I’m not so sure it’s going to disrupt business and create the across-the-board wealth that has been predicted. USV came in pitching digitally native businesses models that could not exist until the internet connected everyone.

Artificial Inteligence 108

Artificial Inteligence Business Model Mobile Venture Capital 108

Austin Startup

OCTOBER 15, 2017

What seems to be the best way to create customers and revenue may result in a business model that is out of vogue with the investment world and shortchanges you on enterprise valuation. Heck, there was no venture capital in Dixie in that era. He forgot a major highlight of the business model, and the damage was done.

Technical Review 48

Technical Review Software Review Nevada Silicon Valley 48

This is going to be BIG.

NOVEMBER 17, 2014

It skips the whole vetting process for me--so I wind up giving time to a bunch of companies whose business model I might find problematic from the get go. Takes an hour or an hour and a half at most and everyone gets the benefit of a public conversation--versus three or four hours of pitches. Venture Capital & Technology'

Technical Review 147

Technical Review Venture Capital Finance Chicago 147

Steve Blank

JUNE 2, 2011

Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Startups now understand what they should be doing in their early formative days is search for a business model. for a business model.

Silicon Valley 288

Silicon Valley Business Model Early Stage Venture Capital 288

Austin Startup

AUGUST 3, 2017

Is this a big enough market to support a venture funded business? It might be a great idea with a solid business model but it still might not be a good fit for venture funding. If it doesn’t require much capital to get started and make money then it might be a better idea to bootstrap it.

Technical Review 69

Technical Review Startup Texas Email 69

Steve Blank

MARCH 26, 2014

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. A startup is a temporary organization in search of a repeatable, scalable business model. When companies want to innovate a new business model (vs.

Startup 329

Startup Business Model Lean Russia 329

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. PEVCTech.com , a community for investors and technologists responsible for investing in private companies, primarily at private equity and venture capital funds. This is why I do speak regularly at various conferences. Hootsuite.

Social Media 60

Social Media Technical Review Media Private Equity 60

Cracking the Code

OCTOBER 1, 2020

If you put yourself in the shoes of the early-stage founder who is seeing their pipeline slowing down or their conversion rate going down because of the crisis we’re facing, how should they think about it? If the audience isn’t big enough to support conversions, you’re probably better off offering a free trial.

Early Stage 62

Early Stage Open Source Development Team Review Security 62

Growthink Blog

NOVEMBER 2, 2016

by more "prosaic" conversation around food, wine, travel, family, sports and more. Last week, I met for dinner with a longtime client as they traveled through Los Angeles on a stop-over on their way back to Europe. AND it was probably the most productive two hours any of us had all year.

Conversion 48

Conversion Los Angeles Europe Acquisition 48

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

Up and Running

SEPTEMBER 19, 2017

Unlike his first capital raise, however, instead of soliciting interest from various private equity firms, the company instead came up with a pre-packaged offering and Carlson went exclusively to his previous investors and offered the deal on an as-is basis.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. Need for growth capital. A company that can successfully raise money in an ICO may never need venture capital again.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Goldman Sachs and CB Insights recently reported that startups have raised over $1 billion in Initial Coin Offerings (ICOs) this summer — more than the total amount of venture capital raised during the same period. Need for growth capital. A company that can successfully raise money in an ICO may never need venture capital again.

Early Stage 20

Early Stage Equity Venture Capital Government 20

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. Banks and wireless phone companies ignore this rule, but they have access to tons of capital.)

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Austin Startup

MARCH 1, 2018

On the first official day of SXSW I’m going to be at the convention center all day until I head over to Capital Factory to kick off the SXSW Startup Crawl ! Join us and learn how to attract Venture Capital investment in your startup when you live somewhere other than Silicon Valley, Los Angeles, or Boston.

Technical Review 89

Technical Review Austin Texas Cofounder 89

Austin Startup

FEBRUARY 13, 2019

Convertible debt is best when you don’t yet have revenue or a good sense for your valuation, because it allows you to raise money on the basis that the valuation will be set one to three years in the future, based on execution of the early business model. We were able to raise $750k this way.

Strategic Investors 49

Strategic Investors Austin Angel Investor Bootstrapping 49

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

Lean 108

Lean Venture Capital Conversion IPO 108

Up and Running

MAY 3, 2012

From a young person’s perspective, with tight labour markets, decreasing barriers to entry, low capital-intensive business models and immediate free access to a global market, the appeal is also compelling. based venture capital fund had just invested in 17 companies. What is there not to like?

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

SoCal CTO

MARCH 22, 2007

Open Source Business Models, speakers for Web 2.0 Im constantly frustrated by conversations that take place in discussion groups that cant cross the border into the blog world. Where I use LinkedIn: * I definitely use LinkedIn for Specific Requests - Ex. event I did last fall. Otherwise, Ive not seen much. *

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Professionals Musings

FEBRUARY 29, 2016

For example, the Facebook business model of offering a product free to customers while gaining revenue from advertising was born out of the need to survive as a business while offering a fun service. Startups funded by large venture-capital investments rarely think about productivity.

Startup 120

Startup Venture Capital Differentiation Business Model 120

YoungUpstarts

MAY 8, 2018

If an investor is hierarchical and doesn’t see diversity as a competitive tool, look for capital somewhere else. Imagine having the tough conversation when things go wrong. If investors express a strong preference changing your business model, product, or team, think twice. It’s your vision, not theirs.

Seed Stage 133

Seed Stage Due Diligence Cofounder New York 133

www.inc.com

SEPTEMBER 24, 2011

Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. Over the past year or so, work-for-equity arrangements have become an integral part of Arizona Bays business model. Were not getting confused about our business," he says. Will Work for Equity.

Arizona 40

Arizona Equity Iowa Venture Capital 40