article thumbnail

The Big Bang. The Lean LaunchPad explodes at University of Maryland

Steve Blank

Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. We didn’t know it at the time, but with that investment we had paid for front-row VIP seats to witness the origins of Customer Development and the Lean Startup.

Maryland 272
article thumbnail

It’s Time to Play Moneyball: The Investment Readiness Level

Steve Blank

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. We focus on evidence and trajectory across the business model.

Oakland 326
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hacking For Defense In Silicon Valley

Steve Blank

At the heart of this “offset strategy” was “precision strike,” – building stealth aircraft to deliver precision guided munitions unseen by enemy radar, and designing intelligence and reconnaissance systems that would target for them. Filed under: Customer Development , Science and Industrial Policy , Secret History of Silicon Valley.

article thumbnail

The Road Not Taken

Steve Blank

to build sensors, stealth and smart weapons previously thought impossible or impractical, would give us a major military advantage. Startups were not just smaller versions of a large company, they were about invention, innovation and iteration - of business model, product, customers and on and on.

article thumbnail

Episode 8: Charlie’s Bcast Email, Startup Incubators, and 10 Reasons Why Startups Fail | The Bcast

Up and Running

Our business model was Pinterest. It goes to show you that the business model was good but we just … We’re not the right team. You need to go out and do some customer development. The original idea was actually to do the business model that is now Threadless, before threadless was existing.