Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

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Silicon Valley IPO Technical Review Venture Capital 223

Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. This is probably just after the series A in my opinion – where you’re doing perhaps $300k-$1m per month in revenue.

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Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. This is probably just after the series A in my opinion – where you’re doing perhaps $300k-$1m per month in revenue.

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Silicon Valley San Francisco Portugal Ireland 48

ConversionXL

FEBRUARY 3, 2022

Where Airbnb recognized the value in another platform, Dropbox doubled down on the strength of its product as a distribution channel. Once you’ve established your ideal customer, you can better focus your growth hacker marketing efforts to improve revenue and ROI. The result? An increase in listings from 50,000 to 500,000.

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crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link].

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Steve Blank

OCTOBER 31, 2014

There’s nothing wrong with a business that supports you and perhaps an extended family. But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. With 317 million people the U.S. It doesn’t.

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Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. For the deputy secretary, such a dialogue in Silicon Valley is not a matter of charity, but necessity.

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Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. For the deputy secretary, such a dialogue in Silicon Valley is not a matter of charity, but necessity.

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Silicon Valley Washington United Kingdom Lean 120

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. In the long ago I spent a brief period of time assisting Pertec, the San Fernando Valley company that bought MITS and its Altair product line.

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Technical Review Software Review Nevada Silicon Valley 48

The Startup Magazine

AUGUST 6, 2021

The pre-pandemic economy was characterized by a mysterious, decades-long decline in business formation. Although the media has been full of inspiring stories about start-ups in Silicon Valley, the reality is that the rate at which Americans have been starting companies has been in decline for a long time.

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Limited Liability Company Silicon Valley Business Model Stock Options 162

ReadWriteStart

APRIL 1, 2011

As for business model, Jigar wants to sell services like refilling cards. The company has distribution through about 50 retailers in Chennai, and is looking for ways to market their product through online channels. We discussed guerilla p.r., product reviews through blogs, as well as SEO, blogs, and social media marketing.

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Steve Blank

JANUARY 25, 2010

In this post we’re going to offer a new definition of why startups exist : a startup is an organization formed to search for a repeatable and scalable business model. A Business Model. Ok, but what is a business model ? A business model describes how your company creates, delivers and captures value.

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Growthink Blog

FEBRUARY 27, 2010

billion dollar business this year to $5 billion by 2012, taking market share away from DVD retailers and intensifying the carriers' ambition to bid for the best (and first run) titles. revenues from internet video services spanning user-generated content to television shows and movies will exceed $7 billion this year. Annual U.S.

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Los Angeles Silicon Valley Technical Review Distribution 85

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. Initially your job is to understand each of the parts of your business model before you hire someone to do it. Worry about the sales results. What did we learn?

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Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. Carpe Diem. Breathtaking Scale.

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Lightspeed Venture Partners

OCTOBER 7, 2012

I’ve been writing up reviews of this season’s Shark Tank pitches from a silicon valley VCs perspective. The first company started as a BBQ catering business, and eventually focused in on their most popular product, a dip made of blended up chicken plus various sauces. BACK 9 DIPS.

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Steve Blank

AUGUST 5, 2010

When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. The VC business took off with the rapid growth of the semiconductor business. Here’s why. Electron-based Venture Capital.

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Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. We should remind them that, as Steve Blank said, “a startup is an organization formed to search for a repeatable and scalable business model.” The list goes on.

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Entrepreneur Technical Review Silicon Valley Lean 82

YoungUpstarts

MAY 26, 2017

Based off the “Pitch then Plan” template originated by Silicon Valley venture capitalist Guy Kawasaki, I believe in creating a strong pitch first and then building a business plan based on it. Slide 3: Introduce your business model. Most businesses should be able to show turning a profit by year 3.

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Cofounder Silicon Valley Forecast Business Plan 185

thebarefootvc

SEPTEMBER 6, 2021

At the same time, a company called Yield Games has created a metaverse game where players can play to earn – that is, they receive characters to play with (often via scholarships) or that they can buy, which then earn them back revenue in the form of tokens as they play the game.

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Reid Hoffman

MARCH 19, 2019

Finally, and importantly, society is better off because Amazon makes the system for distributing books (and other products) vastly more productive, freeing up resources for other value-creating investments. Microsoft and Apple believed that microprocessors would allow consumers to have their own computers.

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ReadWriteStart

MAY 26, 2011

make so little use of the affiliate business model for monetization purposes? Please use the comments below to give your thoughts and analyses on why you think Twitter is not using the affiliate business model to monetize its immense traffic. This is a question I would like to address to you guys as well.

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Steve Blank

JUNE 8, 2009

Innovation – Business Model? Business Development – What type of partnership or whole product is needed? Business and Revenue Model – How do we organize to make money? Steve Blanks 30 years of Silicon Valley startup advice. Others you need to know when you execute the plan. Technology?

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Reid Hoffman

OCTOBER 21, 2019

We argued extensively in our book, Blitzscaling , that these strategies and tactics describe why Silicon Valley Bay Area – which has a population of less than 4 million – generates such a massively disproportionate number of global technology companies. Distribution. Distribution. What makes a company Blitzscale-able?

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Silicon Valley Software Review Technical Review United Kingdom 53

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. Peter described the first company in which “Hollywood meets Silicon Valley” and we were enthralled.

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Silicon Valley Technical Review RSS Software Review 120

Lightspeed Venture Partners

DECEMBER 10, 2012

Revenue is driven by children’s parties, which cost $600-$4,000 for a two hour party for 15 kids, which apparently is the market price for kids parties in LA. The space can host 6-9 parties per weekend, and they generated $350,000 in revenue last year. By all accounts, the Coop is quite successful.

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Up and Running

MAY 28, 2015

There’s a lot of questions about what do you actually need in terms of information, if you’re going to do your forecasting, and how does one put together a revenue forecast if you’ve never started a business or your business is brand new. She’s opening a small deli in an office park in the Silicon Valley.

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Both Sides of the Table

FEBRUARY 17, 2010

They were frustrated that despite having the (monopoly) infrastructure that brought you the Internet, the majority of innovation and profits went to Silicon Valley startups. Apple wants to take a major share of the revenue. iPhone is not a business model unless you’re Apple. It’s a channel.

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Lightspeed Venture Partners

SEPTEMBER 16, 2012

The first pitch was for Coat Chex, a company using a tablet app to make coat checks (and other “bailment” businesses such as valet parking, dry cleaning etc.) Looking past the cheesy theatre of the guys pitch, this company was the one most likely to actually pitch a real Silicon Valley VC, given its technology angle.

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Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Team, Product, Traction, Business Model and Market.

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Cofounder Seed Stage Valuation Metrics 429

Steve Blank

DECEMBER 8, 2015

Read part one on the Evolution of Corporate R&D and part two on Innovation Outposts in Silicon Valley. . Today, large companies are creating Innovation Outposts in Innovation Clusters like Silicon Valley in order to tap into the clusters’ innovation ecosystems. These challenges may be either strategic or tactical.

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SVPG

SEPTEMBER 30, 2016

When I first decided to start The Silicon Valley Product Group, I had just left eBay and had some very strong opinions about what makes great product teams, and great product cultures, and while there were more than a few important thinkers and leaders on these topics, one area that I felt was under-represented was the role of product management.

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Up and Running

APRIL 28, 2015

I’ve also built my own pitch decks and presented to major Silicon Valley VC firms over the years and have learned a lot about what works and what doesn’t. While every business is different, I’ve found that the following format works for most businesses and is most likely to generate interest from potential investors.

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Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. The business model.

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Professor VC

JUNE 20, 2011

The last blogger in Silicon Valley. I took a look back at our original financial model we presented to VCs in 2004. The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. ProfessorVC.

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maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. I don’t have any formal business training and I actually think it’s served me well. Once you’ve done that – then.

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Startup Lessons Learned

JULY 11, 2019

Well known founders within Silicon Valley demanded this kind of change across the board, and if they wanted to see it internally, they also had to see it within the organizations that touched their group. Then above that is business model power—so, how do you make money?

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