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

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. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

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. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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

VC Cafe

SEPTEMBER 2, 2022

That’s on average the time venture capital investors spend on a pre-seed pitch deck, according to the latest Dropbox/Docsend funding research report. Market size Team Traction Competition – be honest and knowledgeable about your competitive landscape Business model/ financials The Ask – how much are you raising?

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

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. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Product Development 177

Product Development Cost Developer Product 177

Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Bottom of the sales funnel.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

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. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

DECEMBER 20, 2011

We taught them the business model / customer development / agile development solution stack. First, we brought all 21 teams to Stanford for 3-days of 10 hour-a-day classes in business model design and customer development. The class textbooks were “ The Four Steps to the Epiphany and Business Model Generation.”).

Incubator 301

Incubator Government Silicon Valley Lean 301

Hunter Walker

OCTOBER 31, 2020

In exchange for doing this repeatedly, you get to learn the rest of the business. All of these areas require real understanding of core underlying technology, not just pattern matching against a business model applied to a vertical. The school you went to. The company you’re currently working at. Synthetic bio.

North Carolina 90

North Carolina Hiring Angel Investor Technical Review 90

SoCal CTO

JUNE 9, 2010

If you can just be friendly enough and get your users to party with you, the rest is really easy. Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. Now, thanks to social media, you don't have to outspend. There is a much better technique.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Steve Blank

APRIL 14, 2013

business models. Sea Turtles and VPN – the connections to the rest of the world. business models. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital' Of course “copy” is too strong a word.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

The Next Web

JULY 20, 2013

Do they really expect that the next Facebook will come knocking at their ivory towers with a polished product, proven business model and the only thing missing on the way to an IPO being their Series A investment?”. Not all entrepreneurs are aware of the responsibilities associated with receiving venture capital.

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

The Startup Magazine

AUGUST 3, 2021

Lazarus has developed a reputation in the Melbourne and Sydney business communities as a consultant who is brutally honest yet caring and highly effective at the same time. People also use voice recognition in their cars, on their home computers, and with their portable devices. Luke Lazarus’ Social Media Presence.

United States 167

United States Entrepreneur Angel Investor Social Media 167

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

APRIL 14, 2013

business models. Sea Turtles and VPN – the connections to the rest of the world. business models. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital' Of course “copy” is too strong a word.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

NOVEMBER 16, 2009

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.).

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

MARCH 17, 2020

It’s no longer business as usual for the rest of the economy. But next the question is, ‘What happens to my business?”. The questions every startup or small business CEO needs to ask now are: What’s my Burn Rate and Runway? What does your new business model look like? What will my investors do?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

VC Cafe

FEBRUARY 7, 2011

Since then, and after resting aside my ego, I placed myself back in my VC shoes to try to understand what “proof” such VCs needed to feel comfortable with an eCommerce investment. Today, eCommerce companies can scale up faster than almost any other consumer business model. What were they missing?

eCommerce 94

eCommerce Open Source SEM Technical Review 94

thebarefootvc

JUNE 15, 2014

Further, the prevalence of diabetes and cardiovascular disease in India has already created more cost effective monitoring solutions and drug manufacturing that will begin to address these increasingly widespread conditions in the rest of the world. Telemedicine: The United States and much of Europe has over 2 doctors/1000 people.

Africa 106

Africa India Bangladesh United States 106

The Startup Magazine

APRIL 1, 2018

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. There are numerous startups chasing after a comparatively small number of VCs. Here are 3 useful tips.

Startup 95

Startup Portfolio Software Review Technical Review 95

Steve Blank

JULY 1, 2014

a language corporate innovation groups can use to communicate to business units and finance. Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. Filed under: Customer Development Manifesto , Investment Readiness Level , Venture Capital.

Sacramento 306

Sacramento Framework Customer Development Lean 306

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

YoungUpstarts

FEBRUARY 12, 2015

Competition for venture capital is fierce, especially among startups. Winning Business Model. A winning business model will address an issue within the marketplace by providing a viable solution. Thinking Aloud Al Goldstein startup venture capital. by Al Goldstein, CEO of AvantCredit.

Artificial Inteligence 100

Artificial Inteligence Venture Capital Business Model Demand 100

Steve Blank

JUNE 4, 2012

This is a 3-day program for entrepreneurship faculty from around the world how to teach entrepreneurship via the Lean LaunchPad approach ( business model canvas + customer development ) and bring their entrepreneurship curriculums into the 21st century. Small businesses make up 99.7% Serendipity. His name is Alex Lawrence.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

Austin Startup

MARCH 1, 2018

Surrender to Serendipity My general rule of thumb is to make a big calendar with everything I could possibly want to do on it and then in the moment do whichever of the things is easiest and aligns with the rest of the group I’m worth. A Venture Capital Outlook on Industry 4.0 Don’t forget the ABC’s of SXSW?

Technical Review 89

Technical Review Austin Texas Cofounder 89

David Teten

JANUARY 11, 2020

These vectors work for a lot of celebrities, and for some businesspeople and politicians, but I’m uncomfortable with them and it will impede my ability to do the rest of my job. In the venture capital/private equity business, investors are B2B microinfluencers. Plus, my wife doesn’t let me date celebrities. .

Social Media 60

Social Media Technical Review Media Private Equity 60

Growthink Blog

FEBRUARY 28, 2011

Most of the highest ROI opportunities we see need just a little money – sometimes just a few hundred thousand dollars or less – to “ignite” their business models. to the rest of the world. The result? Our favorites? technology companies.

Social Network 63

Social Network Technical Review Stock Early Stage 63

K9 Ventures

SEPTEMBER 8, 2015

2) New market (less common form, examples are Lyft and eShares) and 3) New business model (least common, non-K9 portfolio examples are PriceLine and SolarCity). Direct Revenue, meaning no three-way business models and no advertising, media, or content. What led you to the venture capital world?

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model. steve Am I a Founder?

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

David Teten

AUGUST 6, 2015

In an effort to make my life easier, I’ve summarized here the steps that will make it much easier for people to read, understand, and hopefully invest in your business. To help me, I interviewed the two most knowledgeable people I know about financial modeling. 11) Separate out your model output.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

Up and Running

NOVEMBER 10, 2015

” As the managing editor of Bplans, I’ve had the good fortune to learn about business via the content we share; through interviews with LivePlan customers and other business owners; and thanks to brilliant, informal coaching from people like Tim Berry, Noah Parsons, and the rest of the executive leadership team at Palo Alto Software.

Curation 60

Curation Lean Software Review Finder 60

thebarefootvc

NOVEMBER 17, 2013

It’s the story of how all of these components are going to overcome odds, defeat competitors, disrupt industries and business models – and I personally hope leave the world a better place. Entrepreneurship Startups Technology Venture Capital investing'

Startup 78

Startup Early Stage Venture Capital Cofounder 78

This is going to be BIG.

DECEMBER 16, 2013

Peer to peer lending, community supported agriculture, ride sharing, house sharing, fans supporting artists directly, bike share--even the growth of healthy lifestyle activities like yoga and running--it''s not just about new business models. Venture Capital & Technology' It''s a war. I''m psyched to be a part of it.

Dallas 124

Dallas Venture Capital Government Community 124