David Teten

FEBRUARY 2, 2012

I’ll likely organize a Harvard Business School Angels of NY event on this topic in 2012. - Studying best practices of VCs in supporting portfolio company operational improvement. I am now leading a Columbia MBA team (ex-Mckinsey and BCG) on a study regarding best practices of VCs in supporting portfolio company operational improvement.

Government 146

Government Technical Review New York Offshore 146

Both Sides of the Table

APRIL 20, 2011

Howard Morgan earned a PhD in Operations Research/Computer Science in 1968. In the early 80’s he left academia to work on venture capital investing with Jim Simons, Renaissance Technologies. During the first year of the fund they took forty-eight trips to California! In 2008 they raised a much larger fund $132.5

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. (My No one was actually quite that good, but some VCs had “golden guts” for these kinds of operating issues. Yet when I talked to my venture capital friends, they said, “Well, that’s just how startups work.

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

VC Cafe

MARCH 8, 2010

Only three Israeli venture capital funds completed their fund raising efforts in 2009: Sequoia Capital Israel , announced final closing of Sequoia IV, a $200 million vintage 2009 fund. In 2010, the capital available for investment in first round and follow on rounds now stands on $1.2 as its main investor).

IRR 74

IRR Venture Capital Institutional Investors 74

Both Sides of the Table

OCTOBER 17, 2009

This is part of my ongoing series about Raising Venture Capital. But I’m no longer an entrepreneur – I’m a VC at a $200 million fund called GRP Ventures , the largest active fund in Southern California. Tags: Pitching VCs Raising Venture Capital Start-up Advice. What gives?

Software Review 283

Software Review Term Sheet Due Diligence Southern California 283

Both Sides of the Table

JULY 25, 2010

. “Yes&# was given to me by one of my favorite angel investor / seed VC’s to work with – John Greathouse of Rincon Venture Partners and author of the blog InfoChachkie that you should check out because it is filled with great info from a guy who has been a very successful operator. So what are you waiting for?

Silicon Valley 293

Silicon Valley Technical Review Southern California Angel Investor 293

Steve Blank

APRIL 20, 2009

Companies specializing in components and systems that operated in the microwave portion of the electromagnetic spectrum sprouted faster than fruit trees in the valley orchards. And since there was no Venture Capital in the 1950′s/’60′s where was the money coming from? Why was it occurring here?

Silicon Valley 270

Silicon Valley RSS San Francisco Technical Review 270

Both Sides of the Table

FEBRUARY 14, 2010

They had interviewed telecom operators, handset manufacturers and corporate buyers. My boss told me to look at the growth rate average over the past 3 years an increase it by 2% because mobile penetration is increasing.&# There you go. As scientific as that. I called another agency. They were more scientific.

Investment Bankers 415

Investment Bankers Mobile Software Review Japan 415

Steve Blank

OCTOBER 19, 2009

Yet in our case the product, the machine as delivered from engineering, was a blank, featureless computer with just an operating system and compilers. In most other companies a product-marketing department was responsible for the pricing, positioning and promotion of the product.

Engineer 198

Engineer Silicon Valley Part-Time VPE Advisory Board 198

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. Bloomberg Beta open-sources their entire operating manual on Github, where their website lives. An additional 27% of funds require consensus (20%) or unanimous vote less one (7%). Use at your own risk.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Hearpreneur

NOVEMBER 8, 2018

Around 2012, escape rooms became extremely in Budapest – and most people still consider Budapest as the escape room capital of the world. He opened the first of many PanIQ Escape Rooms in Hollywood, California, and today, they have locations in San Jose, Phoenix, Miami, NYC, Dallas, Nashville, Chicago and many more.

Hungary 62

Hungary San Jose Nashville Phoenix 62

Steve Blank

JUNE 25, 2009

The OEM Business Convergent’s business was selling desktop computers (with our own operating system and office applications) to other computer manufacturers – most of them long gone: Burroughs, Prime, Monroe Data Systems, ADP, Mohawk, Gould, NCR, 4-Phase, AT&T.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Startup Lessons Learned

JULY 11, 2019

I've been in venture now twice. I was in Boston, working for the first time in venture capital as an analyst for this guy who was incredible and an amazing mentor. In a place where there are many, many venture capital firms, he couldn't think of a single female general partner. What's the message?

Founder 68

Founder Lean Venture Capital Cofounder 68

Steve Blank

JUNE 29, 2009

I packed up my life in Michigan and spent five days driving to California to start work. “And, oh by the way, can you write the manuals for the operators while you’re at it.&# As I poured over the system schematics, I figured out how to put together a course to teach system theory, operations and maintenance.

Agile 245

Agile Silicon Valley RSS California 245

Steve Blank

NOVEMBER 9, 2009

We must get established EDI companies and new SAAS B2B platform operators to adopt our EDI API, with all of its amazing advantages. It seems like a mountain, and yes, it is easy to almost substitute the process of lead gen and followup for closing. But, they need to fold this tech into their SDLC, which is no small commitment.

Silicon Valley 324

Silicon Valley Software Review RSS Technical Review 324

Both Sides of the Table

JULY 13, 2013

00:00:06] DEREK: Tell us about growing up in Northern California, tell us about what your dad did, what your mom did, and your family a little bit. [00:00:52] I grew up in Northern California. So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.”

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

Up and Running

JUNE 13, 2017

The explanation for the discrepancy is simple: large banks are focused on sourcing and scaling loans over one million dollars, cross-selling products to their customers, and driving down costs through standardized operating procedures and technology. But don’t fret—community lenders are helping small businesses. Meet the community lenders.

Community 117

Community Technical Review United States New York City 117

Steve Blank

NOVEMBER 16, 2009

Filed under: Customer Development , Customer Development Manifesto , Market Types « “Lessons Learned” – A New Type of Venture Capital Pitch Closure » 21 Responses Tweets that mention Times Square Strategy Session – Web Startups and Customer Development « Steve Blank -- Topsy.com , on November 16, 2009 at 7:20 am Said: [.]

Customer Development 219

Customer Development Web Developer Customer 219

Both Sides of the Table

FEBRUARY 13, 2011

The venture capital industry is so heavily skewed to Northern California, which the remains spilled over Boston, New York & Southern California. So it was wonderful to hear from a leading venture capital firm based in Washington DC. Both AOL and Time Warner had existing VC operations.

Cofounder 277

Cofounder Merger Founder Venture Capital 277

Both Sides of the Table

FEBRUARY 7, 2011

He grew up in Connecticut attended Yale undergrad and worked for IBM after graduation doing M&A, strategy and venture capital. Seth saw friends move out to California, go to school, and launch Plaxo. Seth raised $100k in angel funding to fuel operations. Why do you love speaking to students at universities?

Connecticut 286

Connecticut Cofounder Silicon Valley Web 286

Steve Blank

OCTOBER 12, 2009

Supercomputers With the introduction in 1976 of the Cray-1 , supercomputers were defined as the fastest vector-processing computer , one in which a single instruction performed operations on an array rather than a single number. Cray’s first customers were the U.S.

Silicon Valley 147

Silicon Valley RSS Software Review Technical Review 147

Both Sides of the Table

OCTOBER 8, 2014

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. In the last full year where we have data LA attracted $1.5 and are guiding LA 2.0. But Is This Really That Surprising?

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

Transcript Automated transcription services provided by: Dan Bowen: My name is Dan Bowen, and I’m up in the wine country in Healdsburg, California north of San Francisco, and the company name is SyncBloc, S-Y-N-C-B-L-O-C. of companies should never raise venture capital. Jason: SyncBloc. Well I know what Sync is, but Bloc.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Steve Blank

JANUARY 20, 2014

Before moving to Bend last year, my career took me from engineering development roles at defense contractors in the 80’s to product management and executive marketing roles in companies like Qualcomm in the 90’s, to the world of venture capital at several firms including Bay Partners, Formative Ventures and Vulcan Ventures.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Both Sides of the Table

AUGUST 30, 2010

We have structural employment issues : The official unemployment rate in the US is hovering just below 10% but “true” unemployment is much higher when you account for those that have stopped looking or taken part-time employment and in key states like California and Michigan we’re downright hurting. In the end.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Steve Blank

MARCH 20, 2009

It reminded me of “earlier days&# , when I was just starting out in running business operations for startups. Reply bjorn , on March 23, 2009 at 5:18 pm Said: these stories really livened up the whole concept of “customer discovery&# for me. i have your book, but stopped at the 4th chapter.

Silicon Valley 134

Silicon Valley Customer RSS Philippines 134

VC Cafe

APRIL 7, 2011

Broadcom Corporation, a global leader in semiconductors for wired and wireless communications, is acquiring Provigent, an Israeli company which develops system-on-a-chip products that enable wireless system vendors to deliver broadband wireless backhaul systems to network operators. FACEBOOK BUYS ISRAELI FEATURE PHONE MAKER SNAPTU.

Java 79

Java Database Argentina 79

This is going to be BIG.

FEBRUARY 26, 2010

VP of Business Development, DNAnexus - Palo Alto, California In the not too distant future, everything will be determined by your DNA--your job, what retro 50's decor you'll buy, how tightly you'll slick back your hair, whether or not you can date Uma Thurman. Senior VP of Operations/COO – ROBLOX - San Francisco, CA Tree forts.

San Francisco 92

San Francisco CTO Hire Developer EC2 92

Steve Blank

NOVEMBER 30, 2009

That pretty much kills binary compatibility, however, which probably didn’t matter back then, because there were really no operating system ABIs. And in the end the hardware difference is pretty minor.

Customer Development 278

Customer Development Developer Customer Silicon Valley 278

Austin Startup

MARCH 7, 2021

Are they drawn to Texas or moving away from California? Texas exported more than California and New York combined in 2019. Only California and New York have a few more, and maybe not for long. It is the tech hub of Texas and has the most local venture capital and attracts the most venture capital.

Texas 90

Texas San Antonio Houston Dallas 90

K9 Ventures

APRIL 14, 2020

HiHello has a remote team of engineers – in New York, Pennsylvania, Colorado, and California. Doug and his co-founder Vivek Nair , were not planning on raising any venture capital money yet. They operate at a pace that far exceeds that of any other companies and founding teams that I have worked with.

Cofounder 127

Cofounder Venture Capital Guerilla India 127

The Startup Magazine

DECEMBER 5, 2022

Robert McKenna III , a well-known medical malpractice lawyer , is a partner in the Huntington Beach, California law firm Kjar, McKenna & Stockalper LLP. McKenna had a brief exchange with a contact who worked at a trading and venture capital firm in February 2020, when cases of the pandemic started to be reported across the U.S.,

Employee 140

Employee Chicago California Operations 140

Steve Blank

MARCH 25, 2009

It wasn’t until I found the extremely obscure Lanchester Strategy for market share that I realized that these ratios had their basis in operations research and the Lanchester’s Laws.) Our company’s graphics boards were designed to speed up a key part of the Macintosh graphics operating system called QuickDraw.

Silicon Valley 141

Silicon Valley Marketing RSS California 141

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. It’s why all of you operated so well in the unpredictable environment that all startups face.”

Founder 297

Founder Silicon Valley RSS China 297

Steve Blank

APRIL 9, 2009

But what I wanted was an agile marketing team capable of operating independently without day-to-day direction. The first reaction from my CEO was, “that’s why you’re running the department.” And yes, we could have built a top-down, command-and-control hierarchy.

Silicon Valley 259

Silicon Valley Technical Review RSS PR 259

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. Of course, Arizona Bay is a consulting company, not a venture capital firm, and doing the work of both simultaneously can be time consuming. Were not a venture capital firm.".

Arizona 40

Arizona Equity Iowa Venture Capital 40

YoungUpstarts

AUGUST 13, 2018

It’s all part of his platform as Portfolio Manager of Fintech Ventures Group (FVG), a Vancouver-based, venture capital company that works with Internet startups and other tech businesses. For companies that are in a more advanced stage of growth, venture capital can be key. And then there’s poker.

Angel Investor 100

Angel Investor Entrepreneur Venture Capital Canada 100