YoungUpstarts

APRIL 7, 2016

A talented group of specialists including engineers, designers, financial analysts, and lawyers are assigned to develop various facets of the company’s framework. Right now, Silicon Valley has a highly creative pool of talent, but there is a blaringly obvious missing link between creativity and business. Who does it help?

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

NOVEMBER 8, 2014

Your startup is in a high-failure-rate business sector. On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. investors, for example, it may be worthwhile to set up an office in New York City or Silicon Valley. If you want U.S.

New York City 254

New York City Silicon Valley Bootstrapping Technical Review 254

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. ———-.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Use non-fuzzy terms to quantify customer value.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Both Sides of the Table

APRIL 13, 2011

It’s interesting that the question is pitch deck’s being obsolete versus business plans being obsolete. So very few investors want Business Plans any more. So having spent a lot of time thinking about this Silicon Valley is a thing in and of itself. Are Pitch Decks becoming obsolete?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

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). Yet this system isn’t perfect. – seems like another planet.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

AUGUST 31, 2009

Yet startup companies have traditionally used this model to manage and pace not only engineering but also non-engineering activities. In the next few posts that follow, I’ll describe more specifically how this model distorts startup sales, marketing and business development. release of the product.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Oakland 301

Oakland Asia Lean Video 301

Startup Professionals Musings

OCTOBER 9, 2016

Your startup is in a high-failure-rate business sector. On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. investors, for example, it may be worthwhile to set up an office in New York City or Silicon Valley. If you want U.S.

New York City 120

New York City Silicon Valley Startup Bootstrapping 120

Steve Blank

DECEMBER 13, 2010

I’ve spent the last week in Santiago, a guest of Professor Cristóbal García at the Catholic University of Chile as part of Stanford’s Engineering Technology Venture Program. Entrepreneurship and innovation in what I call “Chilecon Valley” is being talked about continually here. Teaching in Chile. Valaparaiso houses.

Chile 235

Chile Silicon Valley Lean Agile 235

ReadWriteStart

AUGUST 18, 2011

Probably nowhere else in the world is the idea of a startup happy place more entrenched than in Silicon Valley, where one electrical engineering professor, Frederick Terman, spawned an entire culture of new ventures back in the 1950s.

Silicon Valley 106

Silicon Valley Startup Engineer Programming 106

Steve Blank

MAY 11, 2009

A month or two before the QuickTime public announcement in May, the SuperMac hardware engineers (who had a great relationship with the QuickTime team at Apple) started a “ skunk works ” project. So SuperMac engineering also developed video compression software, called Cinepak. The software was idiot proof.

Video 164

Video Silicon Valley RSS California 164

Steve Blank

MARCH 29, 2010

In my last post I described my approach to one of the three classes I teach at Stanford in the engineering school: Fundamentals of Technology Entrepreneurship. 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.

Business Model 226

Business Model Silicon Valley California Engineer 226

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link]. In Silicon Valley, Technology Talent Gap Threatens G.O.P.

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

JULY 27, 2009

And I understood engineering since I interacted with them almost daily. And finally, I had a great working relationship with our engineers who designed the chips. I found that having a senior marketer responsible for business strategy surrounded by ex-engineers and domain experts makes one heck of a powerful marketing department.

Silicon Valley 120

Silicon Valley RSS Technical Review California 120

View from Seed

APRIL 21, 2015

million raised, per CrunchBase): It was January of second semester of my second year, and Michelle [Zatlyn, Matt’s co-founder] and I were brainstorming different ideas to enter into the business plan competition. Talking to any engineer who was willing to try it out and give us feedback was very helpful. Tom Eisenmann.

Founder 120

Founder Las Vegas Entrepreneur Cofounder 120

Up and Running

MAY 20, 2014

Since much of the start-up playbook is about learning as much as you can as quickly and cheaply as possible in order to reach some important milestone, many founders, investors, and engineers look at a $200k, two-year program as an inefficient means to an uncertain end. 3) Mentorship is Priceless.

Entrepreneur 88

Entrepreneur Advisory Board Silicon Valley New York 88

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Silicon Valley, New York). Startups now understand what they should be doing in their early formative days is search for a business model. It might be possible to create Virtual Valley Ventures. Victor Hugo.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

crowdSPRING Blog

DECEMBER 7, 2012

Business Plans Are an Historic Artifact | WSJ – [link]. Why Bravo’s ‘Start-Ups: Silicon Valley’ Is Bad for Entrepreneurship - [link]. Micro VC’s and Super Angels Two Years Later – Looking Back and Some Predictions for the Future | Business Insider – [link]. How to Get Startup Ideas - [link].

Social Media 104

Social Media Small Business Design Media 104

Up and Running

JULY 11, 2014

It’s the poor quality version of HBO’s Silicon Valley. Attracting angel investment and getting ‘Valley’ respect is. At first, Google seemed like a bad idea; there were already several search engines doing what they did. Starting a Business business planning mvp startup idea'

Startup 80

Startup Silicon Valley Cofounder Non-Compete 80

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). If you’re in a technology cluster like Silicon Valley you may be able to attract ad hoc advice from experienced investors. And for startups outside of technology clusters, there’s almost no chance of attracting Silicon Valley VC’s or angels. Here’s how. better user growth.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

crowdSPRING Blog

MAY 10, 2013

crowdSPRING’s Small Business Spotlight: Red Poppy Floral Design – [link]. Defending the Brash Arrogance of Silicon Valley | by Mike Greenfield – [link]. Reverse Engineering Your Startup’s Success - [link]. The Business Plan. Avoiding Burnout | by Andrew Dumont – [link].

Social Media 93

Social Media Small Business Design Media 93

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). If you’re in a technology cluster like Silicon Valley you may be able to attract ad hoc advice from experienced investors. And for startups outside of technology clusters, there’s almost no chance of attracting Silicon Valley VC’s or angels. Here’s how. better user growth.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

AUGUST 27, 2009

Concept and Seed Stage In the Concept and Seed Stage, founders capture their passion and vision for the new company and turn them into a set of key ideas, which quickly becomes a business plan, sometimes on the back of the proverbial napkin. With that information in hand, Engineering estimates delivery dates and development costs.

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

YoungUpstarts

MAY 26, 2017

Your pitch deck is the most important assets your business will have, arguably more than the business plan itself. Based off the “Pitch then Plan” template originated by Silicon Valley venture capitalist Guy Kawasaki, I believe in creating a strong pitch first and then building a business plan based on it.

Cofounder 185

Cofounder Silicon Valley Forecast Business Plan 185

Steve Blank

NOVEMBER 15, 2011

Our Lean LaunchPad class teaches scientists and engineers that starting a company is another research project that can be solved by an iterative process of hypotheses testing and experimentation built around the business model / customer development / agile development solution stack. Satish Kandlikar – The Spirit of Entrepreneurship.

Silicon Valley 242

Silicon Valley Lean Customer Development Business Model 242

Steve Blank

JUNE 7, 2019

All the teams used the Mission Model Canvas , Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. Carpe Diem. We’re now in the second Internet bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

SEPTEMBER 3, 2009

The Lack of Meaningful Milestones for Sales, Marketing and Business Development The one great thing about the product development methodology is that it provides an unambiguous structure with clearly defined milestones. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Both Sides of the Table

JULY 13, 2013

You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. They paid engineers $4,000 more entry-point. Engineering vs. non-engineering. [00:10:32]

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

Austin Startup

AUGUST 20, 2017

That will keep the Silicon Valley wags buzzing for some time to come. Your original business plan will probably go out the window when you land your first customer. I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. Don’t be the plaid guy.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

APRIL 29, 2009

As a founder you need to prepare yourself to think creatively and independently, because more often than not, conditions on the ground will change so rapidly that the original well-thought-out business plan becomes irrelevant. I am also a pilot, and computer engineer, and love to read stories about sigint and black aircraft programs.

Silicon Valley 170

Silicon Valley Iraq RSS Vietnam 170

ReadWriteStart

AUGUST 1, 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). The NSF will fund 100 science and engineering research projects every year.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Reid Hoffman

JULY 27, 2021

In the startup world, one of the most important parts of building a network for non-technical entrepreneurs is getting to know brilliant engineers and technologists. Going to business school is one of the worst places to accomplish this. The problem is that these competitions seldom produce massively successful businesses.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

In the startup world, one of the most important parts of building a network for non-technical entrepreneurs is getting to know brilliant engineers and technologists. Going to business school is one of the worst places to accomplish this. The problem is that these competitions seldom produce massively successful businesses.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69