Remove Channel Remove Customer Development Remove Early Stage Remove Partner
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Part 2: Early-stage Regional Venture Funds. What’s Missing Is Early Stage Capital.

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Even if they did, what if the assumption – that we had developed a better approach to teaching entrepreneurship – was simply mistaken?

Lean 298
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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. The first time a few brave corporate innovators tried to overlay the Lean tools and techniques that work in early-stage startups in an existing corporation, the result was chaos, confusion, frustration and ultimately, failure. Fast forward to today.

Lean 120
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supermac War Story 1: Joining supermac

Steve Blank

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. They sold their product through the computer retail channel, something I knew nothing about. They sold to a set of customers I knew nothing about. And with all of that they had gone broke, out of business and into Chapter 11.

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Lessons Learned in Therapeutics

Steve Blank

Part 4: This Will Save us Years – Customer Discovery in Medical Devices. Part 5: Value proposition and customer segments in Life Sciences. Part 6: Distribution channels in Life Sciences. Part 8: When Customers Make You Smarter : Customer Discovery in Digital Health. Boy were they in for a surprise.

Lean 237
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Keeping Score

Steve Blank

One of the key concepts of Customer Development is writing down your initial hypotheses (guesses) of all the parts of your business model, then updating them with the facts you find outside the building. My teaching partner Ann Miura-Ko and I both love the concept of Business Model Generation. Filed under: Customer Development.

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Vision versus Hallucination – Founders and Pivots

Steve Blank

It was great to watch him embrace the spirit and practice of customer development. He was constantly in front of customers, listening, selling, installing and learning. I got to spend time inside his company while I was using their software to analyze early-stage ventures. Filed under: Customer Development.

Founder 316