Steve Blank

DECEMBER 20, 2011

These weren’t 22-year olds who wanted to build a social shopping web site. We taught them the business model / customer development / agile development solution stack. Given that Silicon Valley had started with scientists and engineers not MBA’s, I thought this was a bet worth making.

Incubator 301

Incubator Government Silicon Valley Lean 301

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Institutional venture capital dispensed in 2021 reached record highs of almost $330 billion, up significantly from the last few years. Marty Zwilling.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. They’re used to using the web and increasingly the mobile web for everything, commerce, communication, games, etc. web site, they create another 100,000 VPN users.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

YoungUpstarts

NOVEMBER 10, 2015

It is the traditional way seed stage startups get funded in Silicon Valley and it remains difficult and out of reach for most entrepreneurs. Here in Silicon Valley the rule-makers define smart teams solely based on pedigree. Venture Capitalist have investors as well. Venture Capitalist have investors as well.

Seed Stage 100

Seed Stage Silicon Valley Startup Venture Capital 100

Lightspeed Venture Partners

JULY 23, 2011

The dramatic reduction in the cost of starting a technology business combined with readily available risk capital has created a near perfect market for anyone with an idea and some risk tolerance to become an entrepreneur. In most cases the outcomes of such experiments are determined with less than $1M in invested capital.

Silicon Valley 113

Silicon Valley Venture Capital Early Stage Technical Review 113

Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Institutional venture capital dispensed in 2019 was down a bit from record highs the previous year, but up significantly over the last few years.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

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

philipsmith.typepad.com

SEPTEMBER 24, 2011

Silicon Valley Frontlines. Life in the Valley. New Business Models. Tech Business Environment. Venture Capital. In-the-Trenches Consulting to Startup and Emerging-Growth Companies. « Presentation Secrets of Steve Jobs! Why Do Otherwise Sensible Companies Not Have CFOs? Less Fortunate.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

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?”. Venture capitalists and their feedback. The truth is that venture capital is not for every entrepreneur.

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s. ————-.

Japan 292

Japan Customer Development Developer Customer 292

crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Start With a Business Model, Not a Business Plan | WSJ – [link]. Why We’re Pivoting from Mobile-first to Web-first – [link]. – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Both Sides of the Table

OCTOBER 19, 2009

On December 3rd Brad Feld wrote a one paragraph blog post titled “ Raising Venture Capital &# in which he linked to my blog. The Original Post (after the jump): Venture Capital, By Mark Suster (December 2nd, 2006). I don’t plan to write the authoritative venture capital blog, just some anecdotes.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Steve Blank

DECEMBER 7, 2009

I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. I remember presenting our ideas for Marketing Automation to one VP of Marketing in a large Silicon Valley company. It’s just a story about what happened to me.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JULY 13, 2009

Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Hype before shipping any product is an obvious flaw, but what about hyping products that have shipped but have zero business model?

Silicon Valley 122

Silicon Valley Product RSS California 122

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. Order Here.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

crowdSPRING Blog

APRIL 26, 2013

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! “So many folks in the venture capital business are sheep that just want to follow the herd. Photoshop CS6 Cheat Sheet | Web Design Ledger – [link].

Social Media 90

Social Media Small Business Design Media 90

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

MAY 26, 2009

The guidelines I had originally proposed to my students worked for enterprise software or Web 2.0 Just for discussion, the markets I chose were: Web 2.0, You kids have to learn to do it the old fashioned way they did it before they new economy and Silicon Valley. Steve Blanks 30 years of Silicon Valley startup advice.

Vertical 149

Vertical Silicon Valley Intellectual Property RSS 149

thebarefootvc

JUNE 15, 2014

The ingenuity of a rural farmer in Africa is on par with some of the greatest innovation I’ve seen in the heart of Silicon Valley, particularly in light of the lack of “formal” training and mentorship many of us experience in the developed world.

Africa 106

Africa India Bangladesh United States 106

Steve Blank

NOVEMBER 30, 2009

You know you have achieved product/market fit when you start getting orders (or users, eyeballs or whatever your criteria for success was in your business model.) reminds us that Customer Development is not just collecting web metrics and it’s not about focus groups. Steve Blanks 30 years of Silicon Valley startup advice.

Customer Development 278

Customer Development Developer Customer Silicon Valley 278

Up and Running

SEPTEMBER 19, 2017

Takeaway lesson: There’s a reason that private equity companies tend to concentrate their early-stage investments among Ivy League graduates in Silicon Valley, and that reason is reduced risk. Additionally, Rich has participated in and advised numerous startups and founders through the private equity investment process.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

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

Startup Professionals Musings

DECEMBER 27, 2014

Examples of some leaders in this space include Ron Conway in Silicon Valley and Brian Cohen , chairman of the New York Angels, who each may have over 500 startups in their portfolio. Mobile and web software apps may cost even less. It’s the right way to get money without giving up too much equity or control of your business.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Steve Blank

APRIL 30, 2009

Luckily (or maybe because we were in Silicon Valley where there was a domain expert for everything) there was a very smart consultant in the retail computer space, Seymour Merrin, who preached about the importance of packaging. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.)

Sales 120

Sales Silicon Valley RSS Las Vegas 120

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. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). See the NSF web page here. Yet this system isn’t perfect.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Both Sides of the Table

MAY 7, 2011

They didn’t focus on building for the web and they lost a great opportunity to win the transition to browser based applications. He asked himself: programmers know how to make web sites, why couldn’t programmers create their own site and answer their own questions? How did MSFT lose the API war? Monetizing StackExchange.

Software Review 285

Software Review Software St. Louis API 285

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

ReadWriteStart

SEPTEMBER 10, 2010

And EVEN if you ARE an experienced entrepreneur, all but just a few VCs still want to see customer validation, business model validation and traction, before they will invest. Why not go further, develop more valuation, customer experience, and really, deeply validate the business? Next comes the topic of angels.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

steveblank.com

JULY 8, 2011

Useful blogs and links for startups Click Here ————– 2.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

crowdSPRING Blog

MARCH 1, 2010

Ross and I will be speaking at South by Southwest again this year and hope that you’ll join us there for our talk titled “ Third Coast: How to Be a Startup Outside of Silicon Valley.&# 11:00 AM: The Future of Influence 10AB – The ability to share online has allowed consumers to control and filter the web.

Omaha 79

Omaha Silicon Valley Technical Review Social Media 79

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Amazon Web Services. Web Tools: Hereâ??s We have an iOS SDK as well, for web-web, mobile-mobile, web-mobile video chat and video messaging. Twilio : Need to call/txt get a phone number from your web/mobile application? Domains.Co.

Software Review 53

Software Review Technical Review Startup 53

Austin Startup

MARCH 1, 2018

On the first official day of SXSW I’m going to be at the convention center all day until I head over to Capital Factory to kick off the SXSW Startup Crawl ! Attracting VC Funding Outside Silicon Valley Panel We do a lot of things differently in Texas, including fundraising. A Venture Capital Outlook on Industry 4.0

Technical Review 89

Technical Review Austin Texas Cofounder 89

www.usatoday.com

JULY 16, 2012

Americas new business model: Sharing. The nation is in a sharing mood — and start-ups are capitalizing on it. TaskRabbit has (people) making over $5,000 a month in San Francisco," says Craig Shapiro, founder of Collaborative Fund, a venture-capital fund specializing in sharing sites. Game Hunters. Jinny Gudmundsen.

San Francisco 105

San Francisco Technical Review Zimbabwe New York City 105

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. She hasn’t raised any venture capital. This was the first in her string of web properties. Unfortunately Tracy would learn first hand not much later that the business model has two components: both buying and selling.

Silicon Valley 363

Silicon Valley Cofounder Entrepreneur Startup 363