Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

FEBRUARY 19, 2013

According to a Gompers and Lerner study, the challenge is very real, with 90% of new ventures that don't attract investors failing within the first three years. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JULY 14, 2014

According to a Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don''t attract investors failing within the first three years. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JUNE 2, 2013

Since Angel investors put money into 60 times as many companies as venture capital funds, according to Wikipedia, early-stage startups need to focus first on the key thresholds that drive these investment decisions. The same hold true for venture capital investors. They bet on the jockey, not the horse. Funding risk.

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Up and Running

AUGUST 17, 2022

Close to 30,000 of them will land angel investments , and fewer than 5,000 get venture capital. In more than a decade of angel investment, and having participated in hundreds of pitches—I’ve never seen one business succeed without multiple rejections along the way. They want your business to be able to scale up.

Venture Capital 146

Venture Capital Intellectual Property Angel Investor Bootstrapping 146

Startup Professionals Musings

DECEMBER 6, 2014

Finally I realized that Venture Capital and Angel investors are actually humans, despite some views to the contrary. As with most business and personal interactions, first impressions tend to become lasting ones. Registered patents and other intellectual property. Evidence of adaptability and flexibility.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

JULY 1, 2017

According to my experience and a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

APRIL 24, 2022

The good news is that a recent Kauffman Early-Stage Entrepreneurship (KESE) Index shows the highest level of new business activity recorded in the last two decades, and the cost of entry at an all-time low. In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success.

Intellectual Property 281

Intellectual Property Startup Early Stage Venture Capital 281

Startup Professionals Musings

MARCH 11, 2016

Come with a product built and a proven business model. A business needs technical, marketing, financial and many other skills. If you are an inventor, for example, you need to line up the business side of your team before angels will be interested. Create and highlight your intellectual property portfolio.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Startup Professionals Musings

APRIL 19, 2021

Other entrepreneurs skip just a couple of the elements outlined in my original article, “ These 10 Key Elements Make a Business Plan Fundable. Investors know that first-time entrepreneurs who start a business without a good written plan almost always fail. Investors bet on the team, more than the business plan.

Intellectual Property 429

Intellectual Property Bootstrapping Venture Capital Revenue 429

Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

APRIL 17, 2023

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. business models. China Customer Development Technology Venture Capital'

China 323

China Silicon Valley Non-Compete Intellectual Property 323

Startup Professionals Musings

FEBRUARY 4, 2012

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Finally, they need to validate intellectual property protections and status.

Technical Review 237

Technical Review Due Diligence Intellectual Property Private Equity 237

Startup Professionals Musings

JULY 24, 2019

The good news is that the latest Kauffman Early-Stage Entrepreneurship (KESE) Index shows the highest level of new business activity recorded in the last two decades, and the cost of entry at an all-time low. In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success.

Intellectual Property 236

Intellectual Property Early Stage Venture Capital Framework 236

Startup Professionals Musings

OCTOBER 22, 2010

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Finally, they need to validate intellectual property protections and status.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. business models. China Customer Development Technology Venture Capital'

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Startup Professionals Musings

JULY 22, 2020

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Gust

NOVEMBER 14, 2011

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Finally, they need to validate intellectual property protections and status.

Technical Review 152

Technical Review Due Diligence Intellectual Property Private Equity 152

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. The first will be commodity businesses that are valued for their ability to execute their current business model. First the markets favor capital efficiency over R&D.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

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. Best of luck to you in your startup venture!

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

AUGUST 19, 2018

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Steve Blank

MAY 26, 2009

Intellectual Property At the next class I said, “You all ought to get out and start talking to customers on day one, and get early feedback on your idea. You don’t need to worry about any Intellectual Property (IP) issues. The time to product and scale of investment is radically different than other startup markets.&#

Vertical 149

Vertical Silicon Valley Intellectual Property RSS 149

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup IP 175

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. And they’ll do this using the business model / customer development / agile development solution stack. Filed under: Lean LaunchPad , Teaching , Venture Capital.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Startup Professionals Musings

MARCH 18, 2016

If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. Registered intellectual property adds value. A rule of thumb used by investors is that real intellectual property can justify an additional $1 million in valuation.

Intellectual Property 120

Intellectual Property Valuation Pre-Money Valuation Startup 120

Startup Professionals Musings

JULY 2, 2013

Other entrepreneurs skip just a couple of the elements outlined in my previous article, “ These 10 Key Elements Make a Business Plan Fundable. Investors know that entrepreneurs who start a business without a good written plan almost always fail. Investors bet on the team, more than the business plan. Inexperienced team.

Intellectual Property 244

Intellectual Property Startup Bootstrapping Venture Capital 244

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Their capital needs are low at the front end.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Startup Professionals Musings

JUNE 1, 2012

Investors know that entrepreneurs who start a business without a good written plan almost always fail. Investors bet on the team, more than the business plan. Your business model may be very attractive, but if you are new to this, you may not be fundable. Inexperienced team. No sustainable competitive advantage.

Intellectual Property 261

Intellectual Property Bootstrapping Venture Capital Business Plan 261

Startup Professionals Musings

JULY 4, 2014

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Boilerplate Venture Funding Documents. National Venture Capital Association â?? model legal documents. TechStars Model Seed Funding Documents â?? Raising Venture Capital. Venture Hacks equity section. About VC Cafe.

Software Review 53

Software Review Technical Review Startup 53

Startup Professionals Musings

MARCH 11, 2011

Investors know that entrepreneurs who start a business without a written plan almost always fail. Investors bet on the team, more than the business plan. Your business model may be very attractive, but if you are new to this, you may not be fundable. Inexperienced team. No sustainable competitive advantage.

Intellectual Property 242

Intellectual Property Startup Bootstrapping Venture Capital 242

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 261

San Diego North Carolina Chicago Lean 261

Business Plan Blog

SEPTEMBER 10, 2013

What You Need to Know About Obtaining Venture Funding. First and foremost, venture capital firms want to see an entrepreneur with passion and vision. Some venture capital firms will have narrow criteria for the types of companies that they invest in while other will adopt a more broad portfolio and invest across many sectors.

Intellectual Property 53

Intellectual Property Venture Capital Equity Business Plan 53