Steve Blank

APRIL 23, 2014

The Innovation Portfolio. Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. A business model is all the parts of a strategy necessary to deliver a product to a customer and make money from it.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Steve Blank

FEBRUARY 11, 2010

The Customer Development process is the way startups quickly iterate and test each element of their business model , reducing customer and market risk. In Discovery startups take all their hypotheses about the business model: product, market, customers, channel, etc. It’s A Marketing Problem.

Burn Rate 248

Burn Rate Silicon Valley Marketing Boston 248

View from Seed

FEBRUARY 24, 2021

Historically, the healthcare market has been regional, limited by the in-person nature of care delivery. Telemedicine is game-changing as it opens up the possibility of addressing a national market, so long as you have a network of providers licensed to practice in specific states. Scalable Go-To-Market .

Vertical 156

Vertical Software Review Portfolio Demand 156

VC Cafe

SEPTEMBER 2, 2022

Market size Team Traction Competition – be honest and knowledgeable about your competitive landscape Business model/ financials The Ask – how much are you raising? I picked my top 4 below: Poorly analyzed market size: The TAM of a product/solution is an important indication of investment worthiness.

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Its employees and investors don’t depend on an existing revenue stream.

Startup 275

Startup New York City Valuation Distribution 275

View from Seed

MAY 24, 2021

You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. We lead or co-lead most of our investments and we develop our individual conviction vs. trying to hang around the hoop for market signals. You will be based in the NYC office.

Technical Review 120

Technical Review Software Review Seed Stage Cofounder 120

Version One Ventures

DECEMBER 28, 2023

In our reflection last year , we described how our investment pace had slowed alongside the market. To recap the year, here are some of 2023’s biggest themes for Version One: 1) Building in AI While still early in the AI wave, we’re seeing not only technological innovation but also business model transformation.

Technical Review 73

Technical Review India Canada Early Stage 73

Steve Blank

MAY 7, 2019

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. This new framework can act as the front-end of Customer Development.

Lean 333

Lean Marketing Agile Customer Development 333

Version One Ventures

FEBRUARY 11, 2020

And with “age” often come sub-optimal products, tech debt, inflexible business models, etc. This has been the key success factor for our portfolio company Ada who builds automation-first chat bots that are now used by companies like Telus, Coinbase, Upwork and AirAsia.

Technical Review 196

Technical Review Vertical Software Review Portfolio 196

Steve Blank

APRIL 1, 2020

If you’re a CEO who can’t quickly bias yourself for action and if you wait around for someone to tell you what to do, then your investors, or more likely the market, will make those decisions for you. Health of Your Current Target Market(s). Out of business? Emergence of New Market(s). Marketing programs spending.

South Korea 333

South Korea Salary Business Model China 333

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

AUGUST 2, 2019

Define and document the portfolio of initiatives to deliver on your strategic objectives and fulfill your production and skill requirements. Scale up your portfolio of initiatives, monitor progress and dynamically pivot as your plans are implemented. Architect: Build an actionable plan and acquire delivery resources.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

VC Cafe

MARCH 1, 2024

Eliminating middlemen in healthcare – from using AI to automate repetitive human jobs to exploring new and better business models for providing care. Technological Convergence – The global equity market value associated with disruptive innovation could increase to 60% by 2030.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

VC Cafe

OCTOBER 31, 2022

This is largely due to several major stock market crashes and global economic uncertainties. This is not meant to be a negative post, but rather a temperature check of today’s market environment and the levers founders can pull on to survive this period. It’s an investors market. billion in 538 deals.

Founder 173

Founder Technical Review Down Round Liquidation Preference 173

The Startup Magazine

MAY 7, 2020

So, this is the ideal type of business model that most entrepreneurs find appealing. If you want to launch a successful forex trading business , then you need to understand forex trading in detail first. The foreign exchange market is a global marketplace where people can exchange one national currency against another.

Technical Review 90

Technical Review Business Model Portfolio Finance 90

The Startup Magazine

MARCH 18, 2020

He can guide a client’s choice of portfolio and help them match their money to their retirement goals. Jason Vanclef is a good example of business executives with a deep interest in the welfare of their clients. How would you describe your business model? At Vanclef Financial Group, we profit from our clients’ success.

Business Model 90

Business Model Affiliate Stock Portfolio 90

Startup Lessons Learned

DECEMBER 14, 2017

LESSON #1: Equip your business with a portfolio map and a 21st century org chart. With industries from banking to transportation being transformed and, in some instances, undermined by new business models and technology, executives are smart to wonder, “Are we next?”

Lean 245

Lean Startup CTO Hire Cofounder 245

ReadWriteStart

JULY 26, 2022

Many shutdowns and market dry-ups resulted in domestic dependency that narrowed down where products could be found. However, the news is not all bad, especially with the fresh take on digital marketplaces and the expansion range of prospects for businesses. At first, there were just chemical marketplaces in the Chinese market.

Germany 175

Germany San Jose Technical Review India 175

View from Seed

JANUARY 24, 2018

When we create new platform initiatives, our team tries to think about how we can be the most impactful with our portfolio companies. Today, we’re thrilled to announce a new program that we hope will help our portfolio companies with two of these bullets. Go-to-Market Guild. Jessica Meher, VP, Marketing at Notarize.

Operations 176

Operations Cofounder Technical Review Angel Investor 176

ConversionXL

MARCH 19, 2020

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” An article on growth and marketing in the middle of a crisis—the current one or any other—can seem tone deaf. Frameworks for businesses during a crisis. Tim Stewart, trsdigital. But nothing gets better if we stand still.

Marketing 121

Marketing Campaign Non-Compete Lean 121

ReadWriteStart

JUNE 1, 2020

The next reason is to establish a competitive advantage over your competition and quickly acquire a substantial market share. Let’s take an example – In the case of an internet or app business, the user traction and market penetration is a must. Establish a competitive advantage. Both of which are expensive and time-consuming.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. New funds have formed, old market leaders are gone or walking dead. But the reality is that the more interesting the market, the more likely there is to be rapid and unpredictable change. Patience is a virtue.

IRR 205

IRR Dilution Founder Portfolio 205

Steve Blank

NOVEMBER 4, 2021

Modern entrepreneurship began at the turn of the 21 st century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Problem – Lean Doesn’t Have a Market Definition Step.

Customer 420

Customer Marketing Lean Vertical 420

Steve Blank

DECEMBER 17, 2015

Could allow the corporation to be disruptive by entering adjacent markets to the ones it currently serves. Could create and introduce new and disruptive products and/or services for new markets. In exchange, the startups provide companies with their disruptive ideas, technologies and business models.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Hearpreneur

JANUARY 25, 2023

In addition to providing customer care and assistance, a virtual assistant may also develop web pages or compose blog entries, administer email newsletters, carry out sales and marketing chores, generate sales leads, and conduct a variety of other jobs. Thanks to Carter Seuthe, Credit Summit ! #4- Thanks to Oliver Goodwin, Synthesys.io ! #7-

Software Review 110

Software Review Technical Review Artificial Inteligence Entrepreneur 110

Steve Blank

MARCH 31, 2014

Think about this; 7 years ago Nokia owned 50% of the handset market. Fast-forward to today—Apple is the most profitable Smartphone company in the world and in Spain Android commands a market share of more than 90%. Its worldwide market share of Smartphones has dwindled to 5%. Apple owned 0%.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. New funds have formed, old market leaders are gone or walking dead. But the reality is that the more interesting the market, the more likely there is to be rapid and unpredictable change. Patience is a virtue.

IRR 156

IRR Dilution Founder Portfolio 156

Startup Professionals Musings

APRIL 21, 2012

The alternatives range from giving it away for free (like Twitter), to pricing based on costs, to charging what the market will bear (premium pricing). The implications of the decision you make are huge, defining your brand image, your funding requirements, and your long-term business viability. Freemium” model.

Business Model 282

Business Model Revenue Portfolio Differentiation 282

David Teten

DECEMBER 3, 2019

In liquid markets, most of the calories expended on technology and analytics are focused on trade selection, or “ origination ”. I use another live Google doc to maintain my database of companies I’m marketing to other VCs. 2) Market . Many tools designed for B2B marketing in general are also relevant to investors.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Hunter Walker

OCTOBER 31, 2020

Qualification #1: You know how to do something specific that is valuable and needed often in pursuing a deal or servicing the portfolio. Maybe it’s statistical analysis, growth marketing, or deck making. In exchange for doing this repeatedly, you get to learn the rest of the business. Highlighted Homebrew Portfolio Jobs.

North Carolina 90

North Carolina Hiring Angel Investor Technical Review 90

Steve Blank

JANUARY 22, 2014

Success depends on finding startups that have identified acute customer pains in large markets where conditions are ripe for a new entrant. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. With a portfolio of at least 20 investments, or you are at risk of the adverse selection problem.)

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

YoungUpstarts

SEPTEMBER 10, 2018

However, it is important to check the portfolio of the program and see how many companies from your industry have participated. If there are none, that should raise some doubts, as they may not have the correct resources or relevant contacts for your business. The market strategy made complete sense to me and my team members.

Programming 124

Programming Chile B2B B2C 124

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. New funds have formed, old market leaders are gone or walking dead. But the reality is that the more interesting the market, the more likely there is to be rapid and unpredictable change. Patience is a virtue.

IRR 136

IRR Dilution Founder Portfolio 136

The Startup Magazine

APRIL 1, 2018

You’ve taken it to the market and have seen strong sales and rave reviews by customers. How do you pitch your business in a way that makes you stand out from the rest? Before meeting with a venture capitalist, you must have a clearly defined business model and a functioning team in place. Is the business generating cash?

Startup 95

Startup Portfolio Software Review Technical Review 95

Up and Running

MAY 10, 2021

The mobile app development market is evolving at a rapid speed. To compete in the market, you need to keep up with trends. The engineers can produce various models in a matter of seconds. According to Statista , the market size for AR and VR technology will rise close to 300 billion U.S. dollars by 2024. Trillion by 2025.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

David Teten

MARCH 18, 2021

Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was. The modal VC thesis is: “We invest in great teams addressing large markets with disruptive solutions” Who invests in lousy teams addressing tiny markets with outdated solutions? 2) Business model-defined funds.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

The Startup Magazine

SEPTEMBER 2, 2021

UKONIK is a New York City-based brand-new and privately-held company entering the digital marketing and advertising industry by supporting businesses’ adaptation to digital reality. Luisa and Tim launched UKONIK in 2021 as a way to help other businesses grow and survive during the pandemic.

Founder 144

Founder New York City Marketing New York 144