Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. The post How Can Pursuing an MA in Data Analysis Benefit Your Online Business?

Analytics 174

Analytics Technical Review Social Media Software Review 174

Steve Blank

MARCH 4, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335

IRR Startup Business Model Agile 335

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. My business partner and I were elated.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

OCTOBER 19, 2015

Most technologists have little interest in the mechanics of starting and building a business. That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. In addition, I’ve noted a few multi-product lending firms, e.g., Kapitus and United Capital Source , which provide RBI as one of many structural options to companies seeking capital. . Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

ConversionXL

SEPTEMBER 6, 2013

Most startups fail. Not because they have a conversion problem but because they never really nail the product or how to market it. The most common mistake startups make is assuming they can operate the same way big companies do, and expect success with little to no feedback from potential customers. Pivot the product entirely.

Customer Development 126

Customer Development Conversion Developer Customer 126

Startup Professionals Musings

DECEMBER 26, 2018

Starting a new business in an industry you know nothing about is fraught with risk. Experience managing projects, people, and finances is as important as deep technical product development skills. Working as an executive in a big company does not prepare you to run a startup.

Entrepreneur 260

Entrepreneur Business Model Finance Product Development 260

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Women Entrepreneurs Can

NOVEMBER 19, 2022

A Venture Capital Firm is a firm that invests in startups and early-stage companies. Investing in a startup company carries a high degree of risk, particularly at the early stage. One of the most common ways of investing in a startup is by leveraging the expertise of a venture capital firm. Pre-Seed Investments. Seed Rounds.

Venture Capital 52

Venture Capital Early Stage Liquidity Event SEC 52

Austin Startup

AUGUST 20, 2017

August 20, 2017: This is another in my series of posts all leading up to a book on Startup Decision Making. One of the most common mistakes I see in startups is making decisions that lose sight of the context , including the past, present, and future. Sooner or later everybody in a startup knows what everyone else is getting paid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. I would never take investment in a startup from a hedge fund.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? In an early-stage startup especially, revenue is not an important goal in and of itself. Let’s start with a simple question: why do early-stage startups want revenue?

Customer 167

Customer San Francisco Lean Hockey Stick 167

VC Cafe

FEBRUARY 27, 2024

especially if the startup already has a product and revenue? While the answers are somewhat semantic, the pre-seed funding round is making a comeback in 2024 startup financing. Pre-seed round tends to be the first ‘institutional’ round of funding in a startup.

Valuation 186

Valuation Software Review Generative AI Technical Review 186

The Startup Magazine

JANUARY 20, 2019

Food businesses will always be profitable because people need to eat. In franchising this type of business, you’ll save on startup costs such as advertising, product development, and quality control. Royalty fee requirement is 6%, and the parent company offers financing solutions to potential clients.

Green 81

Green Social Media Advertising Cost 81

Startup Lessons Learned

JUNE 21, 2010

Lessons Learned by Eric Ries Monday, June 21, 2010 What is a startup? I think most people have a fairly specific image that gets conjured up when they hear the word startup. It leads people to mistakenly believe that any time they see two guys in a garage attempting the impossible, that’s a startup. Wrong again.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ?

Technical Review 175

Technical Review Technology Product CTO Hire 175

Up and Running

JULY 24, 2015

When you’re ready to launch a startup, the name of the game is research. You need to tap every resource you can to learn the ins and outs of business. From securing funding to marketing your business, there’s a lot to consider. We’ve put together a list of 34 resources that will play a role in your startup. Edison Nation.

Entrepreneur 60

Entrepreneur Small Business Administration SBA Pennsylvania 60

Startup Professionals Musings

MARCH 6, 2013

Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee. Most entrepreneurs think first of bank loans as the primary source of money, only to find out that banks are really the least likely benefactors for startups.

Finance 243

Finance Startup Equity Early Stage 243

Steve Blank

JUNE 8, 2009

Execution by Vertical Market As the class progressed, students asked how the activities/functions of a startup; (Sales, Marketing, Business Development, Product Development, etc.) Is marketing different if you’re in the cleantech business versus medical devices? Innovation – Business Model?

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Growthink Blog

MAY 10, 2012

Mezzanine Financing Most companies that raise equity capital and are eventually acquired or go public receive multiple rounds of financing first. No right or wrong answer here, but if this is your vision then it's important to consider when negotiating deal terms on earlier stage financing rounds. Seed Funding 3.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. The goal of their startup in this stage becomes “getting funded.”

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Seeing Both Sides

NOVEMBER 26, 2012

Startup CEO raising capital. Seeing my firm through their eyes gave me valuable insight and often caused me to make adjustments along the way - in many cases, critical adjustments to our business model or approach based on the feedback. "I can't wait to get back to work. This fundraising is a real drag on my day job.".

Balance Sheet 42

Balance Sheet Entrepreneur Dilution Portfolio 42

maplebutter.com

JANUARY 8, 2013

189 Answers To The Top Startup Questions On Your Mind. 189 Answers To The Top Startup Questions On Your Mind. Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. I love startups. Building Product 2. Here’s my high-level approach for startups.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Startup Professionals Musings

JULY 26, 2014

Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee. Most entrepreneurs think first of bank loans as the primary source of money, only to find out that banks are really the least likely benefactors for startups.

Entrepreneur 254

Entrepreneur Finance Equity Early Stage 254

Steve Blank

MAY 18, 2009

It’s why all of you operated so well in the unpredictable environment that all startups face.” What makes an individual a great startup founder (versus an employee) has been something I had been thinking about since I retired. Next, you have to deal with the daily crisis of product development and acquiring early customers.

Founder 297

Founder Silicon Valley RSS China 297

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Noah has been a key figure in the making of LivePlan, our own SaaS product. The business model.

Software Review 74

Software Review Software Delaware Forecast 74

Women Entrepreneurs Can

MARCH 18, 2023

A Venture capitalist helps startups by providing financial support, business expertise and guidance. VCs have invested in dozens of startup companies, and they can offer entrepreneurs tips from their own experience. VCs typically invest in startups at the seed or early growth stage.

Artificial Inteligence 52

Artificial Inteligence Startup Early Stage Syndicate 52

Reid Hoffman

NOVEMBER 10, 2020

These laws apply to every entrepreneurial endeavor, not just high tech startups, though we’ll still spend plenty of time on the technology industry. Invention, in the form of adding a product or a service or market, and reinvention, in the form of changing the product, go-to-market strategy, or business model.

Technical Review 36

Technical Review Software Review Engineer America 36

conversionxl.com

SEPTEMBER 10, 2013

It’s Not a Conversion Problem, It’s a Customer Development Problem. Most startups fail. Not because they have a conversion problem but because they never really nail the product or how to market it. Same goes for e-commerce, SaaS or any startup really. This is a customer development problem.

Customer Development 60

Customer Development Conversion Developer Customer 60

Startup Lessons Learned

MAY 7, 2009

Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R.

Continuous Deployment 131

Continuous Deployment San Francisco Software Review Lean 131

Tim Keane

APRIL 24, 2006

Startups and angels: Along the way to success. Last night, Bob Zieserl, Venture Capitalist, and general partner at Stratus Ventures, was the keynote speaker at the Marquette University Business Plan Competition. (A A clear point of view on how the business will achieve significant increases in value.)

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Venture Capital 60

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

You have your general management meeting and in your general management meeting you talk about product development, about marketing and about finance. Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. It’s bundled in different groups.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

View from Seed

FEBRUARY 27, 2019

Most startups don’t have the luxury of hiring an experienced PM early in their journey. Many founders have to turn to brute force to figure it out, even when they themselves don’t have practitioner product management experience. they can range from customer acquisition, product engagement/stickiness, or business model.

Hiring 120

Hiring Bandwidth Product Early Stage 120

Growthink Blog

JANUARY 24, 2018

Just because, today your business is behind better known and bigger competitors, it doesn’t mean it will be tomorrow. #6. The startup beauty brand, created as an offshoot of Founder Emily Weiss’ popular blog “ Into the Gloss ” created, released and marketed seven new products in 2017 (that is more than one every other month!)

Artificial Inteligence 48

Artificial Inteligence San Francisco Valuation Reputation 48

Steve Blank

NOVEMBER 21, 2015

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. By the 1920’s, in the Age of the Automobile and Oil, large companies sought to control the new product development process. See here for background on horizons.).

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120