YoungUpstarts

JANUARY 30, 2015

by Jack Narcotta, Devices Analyst at Technology Business Research. Google recorded revenue of $16.2 Google will amplify total advertising revenue volume as a means to counter the effects of declining cost-per-click as new competitors emerge in mobile ads. billion and generated $4.1 billion in operating income in 4Q14.

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

Startup Professionals Musings

FEBRUARY 8, 2020

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Implement a modern real business model.

Management 322

Management Entrepreneur Forecast Stock Options 322

Steve Blank

JUNE 27, 2017

This article originally appeared in the Harvard Business Review. As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?”.

Startup 297

Startup New York City Valuation Distribution 297

Women Entrepreneurs Can

JUNE 3, 2021

Business success requires a range of skills and talents and it often makes sense to have a business partner rather than going solo. Should business partners also share a close personal relationship? Ideally, business partners should be just that — business partners.

Partner 52

Partner Technical Review Cofounder Georgia 52

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 333

Acquisition Intellectual Property Silicon Valley Startup 333

Steve Blank

SEPTEMBER 5, 2018

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Then the cycle repeats with a new set of technologies. Will consumers want to watch short-form mobile entertainment?

Lean 335

Lean Burn Rate Startup IPO 335

The Startup Magazine

FEBRUARY 21, 2024

Billion in investments across a range of industries, including technology, sustainability, traditional and alternative energy, mining, construction services, transportation, and healthcare. The goal is to transform dormant or underutilized assets into active capital that supports your business. The firm has made more than $4.5

Technical Review 158

Technical Review Due Diligence Bankruptcy Intellectual Property 158

Startup Professionals Musings

JANUARY 22, 2021

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

Business Model 414

Business Model Angel Investor Bootstrapping Revenue 414

YoungUpstarts

JUNE 4, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 127

Framework Architecture Cleveland Early Stage 127

Steve Blank

FEBRUARY 23, 2013

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. He is a co-author of The GE Work-Out and The Boundaryless Organization.

Business Model 333

Business Model Technical Review Business Plan Search 333

YoungUpstarts

MAY 24, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 113

Framework Architecture Cleveland Early Stage 113

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. His work on VC and small communities can be found at greatercolorado.vc/blog. Of the Inc. 5000 companies, only 6.5%

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

JANUARY 27, 2015

by Jack Narcotta, Devices Analyst at Technology Business Research. A unified Microsoft has set the stage for sustained revenue growth. Nadella’s efforts to reboot Microsoft positions the company to more effectively engage with channel partners and enterprise customers. year-to-year revenue gain in calendar 4Q14, to $26.5

Cloud 100

Cloud Mobile Software Review Technical Review 100

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key partners.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Today with every city, state and country trying to build out a technology cluster, following Dino’s progress can provide others with a roadmap of what’s worked and what has not. The Bend Experience.

Early Stage 290

Early Stage Silicon Valley Oregon Technical Review 290

The Startup Magazine

MARCH 29, 2024

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Start by defining your key resources, activities, and partners. Revenue streams are another critical component of your business model. However, do so with caution and strategic planning.

Intellectual Property 158

Intellectual Property Angel Investor Business Model Bootstrapping 158

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. For example when one team found the right customer, they changed the core technology (the basis of their original idea!) Some of these teams made even more radical changes.

SBIR 318

SBIR Technical Review Lean Startup 318

Steve Blank

FEBRUARY 23, 2013

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

Business Model 225

Business Model Business Plan Technical Review Search 225

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

Consider the consequences of these monthly pricing possibilities: $0/mo means your goal is to maximize growth (trust and usage) instead of revenue. Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self).

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

Steve Blank

AUGUST 29, 2011

After 50 years of technology entrepreneurship it’s still an art. Max and his partners had interviewed and analyzed over 650 early-stage Internet startups. 93% of startups that scale prematurely never break the $100k revenue per month threshold. They’ve been attempting to quantify the art. Happy birthday Max.

Software Review 296

Software Review Early Stage Technical Review Startup 296

Startup Professionals Musings

DECEMBER 1, 2017

Every business needs to develop a revenue model even before a product. The alternatives range from giving the product away for free (revenue from ads), to pricing based on costs, to charging what the market will bear (premium pricing). Freemium model – people pay for upgrade.

Revenue 166

Revenue Affiliate Advertising Retention 166

Startup Professionals Musings

AUGUST 27, 2014

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Implement a modern real business model.

Startup 283

Startup Forecast Stock Options Technical Review 283

Startup Professionals Musings

FEBRUARY 17, 2018

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Implement a modern real business model.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

Steve Blank

MARCH 16, 2016

But for the last 40 years, it has provided the financial fuel for a revolution in Life Sciences and Information Technology and has helped to change the world. VC’s raise money from their investors (limited partners like pension funds) and then spread their risk by investing in a number of startups (called a portfolio). The Bad News.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

Startup Professionals Musings

JANUARY 7, 2013

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Your friends and family are really the only answer until you have a significant revenue stream. Follow with a killer executive summary, investor presentation, and financial model.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

MAY 14, 2012

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. Revenue model. Investors will want to understand your business model very well and very early.

Business Model 242

Business Model Distribution Viral Green 242

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 227

Customer Development Web Developer Customer 227

YoungUpstarts

SEPTEMBER 16, 2014

by Jack Narcotta, Devices Analyst at Technology Business Research. Minecraft” accounts for nearly all of Mojang’s revenue, highlighting the risk to Microsoft should interest in “Minecraft” dissolve, or Microsoft fails to produce “Minecraft” sequels or add-on software. Microsoft’s $2.5

Acquisition 157

Acquisition Azure Merger Sweden 157

Startup Professionals Musings

MARCH 7, 2016

As a result, Google has become a verb, and the company is a tech giant with record growth rates and a revenue of $74.5 Many other companies have followed a similar set of execution principles which I believe are required for business success, no matter how great the idea: Tune the business model to optimize value for all constituents.

Technical Review 120

Technical Review Architecture Agile Business Model 120

VC Cafe

JANUARY 24, 2023

Putting gaming in context in 2023 While 2022 was the first year that saw mobile gaming revenue shrink by 5%, the number of downloads was overall up and session times remained the same, as I mentioned in my post on the state of Israeli gaming in 2023. What events sparked the major revolutions in business models and distribution? /1

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

Startup Professionals Musings

OCTOBER 8, 2023

That means you need to lead with your credentials, rather than your disruptive technology. Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. To be fundable, fifth year revenue projections need to be in the $20-$100 million range.

Venture Capital 265

Venture Capital Accredited Investor Syndicate Syndication 265

Steve Blank

NOVEMBER 13, 2012

After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s. Maysee now enjoys hockey stick revenue growth.

Japan 301

Japan Customer Development Developer Customer 301

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- And your revenue plan is something more than a hallucination.

Business Model 266

Business Model Customer Development Utah Business Plan 266

Startup Professionals Musings

JULY 13, 2019

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key partners.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Startup Professionals Musings

APRIL 20, 2015

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

Business Model 120

Business Model Angel Investor Startup Bootstrapping 120

Startup Professionals Musings

MARCH 3, 2023

A product plan has tremendous value inward facing, telling your product people what to build, while the business plan has maximum value outward facing, explaining to the rest of the world how your new company will survive and prosper. A product plan is never a substitute for a business plan. Provide details on the business model.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

JANUARY 14, 2023

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Use a minimum viable product (MVP) to validate the model.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339