Remove Business Model Remove IP Remove Open Source Remove Revenue
article thumbnail

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Of the Inc. 5000 companies, only 6.5% raised from angels.

Insiders

Sign Up for our Newsletter

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

article thumbnail

“Fantastic” beats “efficient”

A Smart Bear: Startups and Marketing for Geeks

The convenience of online shoe shopping is a game-changer — to the tune of billions of dollars of revenue — but how could they make up the costs ? Turning a profit at a growing company is nearly impossible regardless of business model. We build our own WordPress plugins and make them open-source and free.

article thumbnail

Don’t Sleep on Lightning

Version One Ventures

Given these key advantages, I believe that Lightning (or something like it) will ultimately eat all of the USD payment networks and create the foundation for MoIP (Money over IP). . And >40% of that revenue is coming from in-game purchases. The app could then take a small % of all revenue from “paid” messages.

article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. One that is powered by three drivers, each of which is a part of a major trend: The use of platforms enabled by open source and free software. What are the characteristics of a lean startup?

Lean 168
article thumbnail

Out of the Crisis #14: Robert Rhinehart on the Corona Initiative, accelerating basic research, and finding a cure faster

Startup Lessons Learned

That's why the Corona Initiative is a Public Benefit Corporation--a for-profit company dedicated to the public good that aims to fund its research with its revenues. I did study computer science, and I love software, especially open source software, but I just like the challenge of hardware. I liked having something physical.

article thumbnail

How to Start a Startup

www.paulgraham.com

Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. Dont do what we did.

Startup 105