Remove Carried Interest Remove Customer Development Remove Distribution Remove Technology
article thumbnail

Why Internal Ventures are Different from External Startups

Steve Blank

The good news is that corporations have access to resources and capabilities that most startups can only dream of , whether it is free cash flow, a strong brand, a vibrant supply chain, strong distribution, a skilled sales force, and so on. Filed under: Big Companies versus Startups: Durant versus Sloan , Customer Development.

Startup 330
article thumbnail

The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. Ampex’s first customer was Bing Crosby who wanted to record his radio programs for rebroadcast (and had exclusive distribution rights.) This is where the partners would make their money.