Steve Blank

JULY 13, 2021

Neither cases nor business plans replicate the actual startup experience. Cases and plans are useful for teaching managers of process, not founders. Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Very cool concept and I want to thank the founder Adil Mohammed for inviting me to take part in it. Be a salesman.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” 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.

Incubator 331

Incubator Lean Programming Government 331

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. You can register for upcoming roundtables here. And you can sign up for the 1M/1M premium program here. Discuss.

India 115

India Silicon Valley Entrepreneur Affiliate 115

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. The same applies to Malaysia, where our partner, the MAD Incubator, is in search of 10 good deals to put through the 1M/1M program. Incubator photo from Geograph. Discuss.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

SoCal CTO

NOVEMBER 10, 2009

From there, I became the first non-founder employee at an e-commerce startup called BITSource, which was the first electronic software distributor delivering electronic volume software licenses to corporations. It was also beneficial because I got some good experience with both B2B and B2C business models. It sounds interesting.

Management 150

Management Product Entrepreneur Silicon Valley 150

Steve Blank

OCTOBER 24, 2017

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. — all great things when you are executing and scaling a known business model.

Founder 245

Founder Technical Review CTO Hire IPO 245

ReadWriteStart

APRIL 14, 2011

While the basic premise is compelling, and I am very interested in entrepreneurship opportunities in this area, the business model is flawed. The 1M/1M premium program offers entrepreneurs access to on-demand educational, business development and incubation resources and strategy discussions with me for $1,000 per year.

India 126

India Technical Review Entrepreneur Silicon Valley 126

ReadWriteStart

JUNE 2, 2011

During today's roundtable, we worked with two entrepreneurs and also had a segment on our yearlong engagement with incubators around the world. The 1M/1M team has invested significant resources to engage with and understand the challenges of the Incubator industry around the globe. You can register for upcoming roundtables here.

Incubator 114

Incubator San Jose Silicon Valley India 114

ReadWriteStart

APRIL 1, 2011

As for business model, Jigar wants to sell services like refilling cards. Before I end, let me also point you to an interview we're running on my blog with Naval Ravikant, founder of AngelList , which you may find enlightening. Next week, the 1M/1M roundtable will focus on entrepreneurs in East Asia, Australia and New Zealand.

India 119

India Guerilla Entrepreneur New Zealand 119

Startup Professionals Musings

FEBRUARY 9, 2018

You need a business degree to start a venture today. The real value of a college education is in learning how to learn, since markets and business models are changing so fast. Business strategies are best learned from experience. Most successful startups spring from local incubators.

Incubator 180

Incubator Angel Investor Dilution Equity 180

ReadWriteStart

MARCH 24, 2011

Additional work in figuring out the precise go-to-market consumer, academic institution, or enterprise - each is a different business), and consequent business model and pricing model will help enhance the company's valuation. My assessment is that this is a good company that should be able to raise money at this point.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Other than measuring engineering progress, there’s no standard language to communicate progress. But the ‘ah-hah!’

Sacramento 306

Sacramento Framework Customer Development Lean 306

Transformify

AUGUST 29, 2017

Think of it this way: If all your software engineers are Stanford computer science majors, they’ve all taken classes from the same professors, completed the same problem sets, and been trained to think in much the same ways. He formerly served as a data science lead with Foursquare and with Andreessen Horowitz.

Hiring 40

Hiring Technical Review Portfolio Software Engineering 40

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. This class this was a team effort.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Austin Startup

APRIL 27, 2019

Bob Fabbio was the founder and CEO of eRelevance and he was the man in the arena here?—?and For all of us Austin fans, I’m talking about Cotter Cunningham, the founder and CEO of RetailMeNot. We all know the famous story of Apple, which at one point kicked out its co-founder and CEO, Steve Jobs. But I digress?—?this or break?—?the

B2C 51

B2C Austin Cofounder IPO 51

ReadWriteStart

OCTOBER 13, 2011

Please remember, free is not a business model. a healthcare IT business for managing compliance requirements for pharmaceutical and medical device companies, recording transactions that involve payments to physicians. The Free Rider Problem. Also, Michaeline Daboul, from New Hampshire, pitched MMIS Inc. , Discuss.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

Startup Lessons Learned

SEPTEMBER 15, 2008

See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

ReadWriteStart

FEBRUARY 3, 2011

I detected a major flaw in Kiran's business model assumption. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Kiran is trying to bring transparency to the industry that currently has some awkward behavior like admission in exchange for donations!

Entrepreneur 118

Entrepreneur India Technical Review Los Angeles 118

www.allthingsdistributed.com

OCTOBER 23, 2010

When John Brockman ,founder of Edge , interviewed NathanMyhrvold his first question was “ What’s a CTO ”,to which Nathan replied: “Hell if I know. In this pattern the CTO is often a co-founder ofthe business, or one of the first hires. I have metCTOs who manage divisions that had 500 - 1000 engineers or more.

CTO 40

CTO CTO Hire Syndicate Syndication 40

Steve Blank

AUGUST 20, 2013

One would think that designing a medical device would be a simple engineering problem, and startups would be emerging right and left. Business Model Issues. Business Model Issues. Yet healthcare has its own unique regulatory and reimbursement issues and business model issues that must be understood.

Startup 294

Startup Venture Capital Lean IPO 294

Steve Blank

FEBRUARY 12, 2015

Over breakfast he got me up to date on his life since school (two non-CEO roles in startups,) but he wanted to talk about his third startup – the one he and two co-founders had started. In this first step, the goal of a startup is to search for a repeatable and scalable business model.

Startup 120

Startup Lean Venture Capital Advisory Board 120

ReadWriteStart

SEPTEMBER 16, 2010

Applying teams must have at least one women and one technologist (engineer, scientist, etc) on the founding team. To enter the competition, submit your application , your "napkin business plan," and film a quick video pitch. sponsors a series of monthly networking events, as well as a pre-incubator program.

San Francisco 135

San Francisco Incubator Startup Early Stage 135

YoungUpstarts

MARCH 24, 2015

Goldberg, founder of ThreeJoy Associates, Inc. and co-author of “ A Whole New Engineer ” . The business model is ready for a fall. Innovation is permitted, oftentimes in an RSSI or incubator structure (see 2 above), using volunteer faculty and students in a pilot of limited duration and scope.

Illinois 100

Illinois Incubator Cofounder Engineer 100

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. This class this was a team effort.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Steve Blank

FEBRUARY 22, 2016

While finding product-market fit is important, getting the rest of the business model right is the difference between and a great demo and a great business. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more.

Cofounder 120

Cofounder DC Entrepreneur Silicon Valley 120

www.xconomy.com

JUNE 9, 2012

Ministry of Supply Puts MIT Engineering Cred Into Dress Shirts. Sakti3 Founder Sastry to Step Down From U-M. San Diego’s Free EvoNexus Tech Incubator Gains Qualcomm Expertise. VP of Strategic and Emerging Business Development, Microsoft. Co-Founder and CEO, Wetpaint. of Computer Science and Engineering, Univ.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

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. Don't miss it!

Affiliate 117

Affiliate India Nevada Silicon Valley 117

Steve Blank

SEPTEMBER 1, 2011

From day one, the founders believe that their vision can change the world. Unlike small business entrepreneurs, their interest is not in earning a living but rather in creating equity in a company that eventually will become publicly traded or acquired, generating a multi-million-dollar payoff. They hire the best and the brightest.

Government 335

Government Silicon Valley Startup Venture Capital 335

Austin Startup

DECEMBER 3, 2017

It’s one way of de-risking the business. If you are a qualified candidate for a prominent accelerator or incubator program in your field of interest, and, if you get accepted, you should go. But, it’s not a town to know and gain access to corporate America if that is a key component of your business model.

Atlanta 48

Atlanta Albuquerque Incubator Austin 48

ReadWriteStart

MAY 3, 2011

First up, Raj Sheth from Bangalore, India, presented Recruiterbox , a SaaS recruitment management tool for small businesses, with co-founders Raghu Kancherla and Girish Redekar. My sense is the market is not as broad, and most small businesses do not hire very actively. You can register for upcoming roundtables here. Discuss.

Acquisition 115

Acquisition SEO San Francisco India 115

ReadWriteStart

MAY 4, 2011

The business is very different in London, and my feedback was that investors want a repeatable business model. For that to happen, he needs to show investors how his India model scales, without introducing a random London factor in the business. Ashish wants to raise money and scale rapidly. Discuss.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

ReadWriteStart

JANUARY 27, 2011

Also, an Incubation Radar profile on CrowdEngineering explains more about this very, very cool company doing crowdsourced customer support. Persistent is breaking out of the mold of labor arbitrage, and looking at new and exciting business models. Recordings of previous roundtables are all available here. Photo by nosheep.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Steve Blank

SEPTEMBER 2, 2015

Richard Witten , special advisor on entrepreneurship to the President of Columbia University ; and Kathryn Minshew , co-founder of the popular online career platform TheMuse.com both joined me in Sirius’ New York studio and shared their version of being knocked down and coming back stronger. We wanted other things. Broken startup dreams.

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

ReadWriteStart

OCTOBER 20, 2011

Soren's answer is ambiguous, even though his value proposition and business model are relatively clear and well thought through. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Again, the issue of for-profit versus nonprofit came up. Photo by svilen001.

Massachusetts 113

Massachusetts Entrepreneur Open Source Silicon Valley 113

www.usatoday.com

JULY 16, 2012

Were helping the second-largest city in the United States become a veritable tech center," Google says on its website, in trying to attract employees for sales and engineering positions. He has hired engineers from Loyola Marymount University , CalTech, University of Southern California and UCLA , he says. Want 300 days of sun a year?"

Los Angeles 87

Los Angeles San Francisco Southern California Silicon Valley 87

Professor VC

NOVEMBER 19, 2009

Business, Engineering, Computer Science, and Design were all represented. We need a program that not only has a speaker series and mentor program, but also fosters collaboration among the Engineering and Business departments. Collaboration with engineering, computer science, life sciences, etc. Steve Bennet.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43