Steve Blank

DECEMBER 9, 2020

And finding ways basically to undermine our free market system. The report came out in 2018, highlighted reliance on foreign suppliers , including China for critical materials such as rare earth elements and microelectronics. For example, China has an 80% market share in rare earth elements, as well.

Acquisition 284

Acquisition Technical Review Technology Security 284

Steve Blank

MARCH 31, 2014

Think about this; 7 years ago Nokia owned 50% of the handset market. Fast-forward to today—Apple is the most profitable Smartphone company in the world and in Spain Android commands a market share of more than 90%. Its worldwide market share of Smartphones has dwindled to 5%. Apple owned 0%.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

OCTOBER 19, 2020

Here’s what Will had to say: Competition with China. I view the competition with China as one of the seminal challenges that we’re going to face in this century. It’s a sizable market. If that company, if that technology, if that market, doesn’t happen in the US first, it’s likely to happen somewhere else.

Technology 388

Technology China Agile Acquisition 388

Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. I was only in China for a week so this a cursory view. China Venture Capital. China now has plenty of both.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

MARCH 25, 2009

Was SuperMac attempting to introduce radically new products and create a new market ? Was the company attempting to be a low cost provider by introducing cheaper products to an existing market? Was the company attempting to be a low cost provider by introducing cheaper products to an existing market? No, not really.

Silicon Valley 141

Silicon Valley Marketing RSS California 141

Steve Blank

AUGUST 3, 2012

Humility had crumbled the walls between marketing and engineering. In December and January we met with ten customers in Korea, Japan, and China. Two years after release, product market share was up by 30% to 70%. The customer’s wants the next day would be no different. For appetizers we slashed requirements.

San Jose 256

San Jose Technical Review Customer Development Software Review 256

Steve Blank

APRIL 12, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. I was only in China for a week so this a cursory view. Investing in China Today. All the usual caveats apply.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Steve Blank

NOVEMBER 29, 2016

It’s hard to believe that in my lifetime I’ve seen entrepreneurship go from a crime to an aspiration in China. CEO succession is an equally important issue in China, and the story has equal relevance there. Party members and seasoned China watchers read it carefully to gauge which way the political wind is blowing.

Leadership 152

Leadership China Employee Product 152

Steve Blank

OCTOBER 31, 2014

Scalable startups are on a trajectory for a billion dollar market cap. has a large enough market that most U.S. China, Russia, Brazil, India, Indonesia all meet those criteria. China, Russia, Brazil, India, Indonesia all meet those criteria. Entrepreneurship is everywhere, but everywhere isn’t a level playing field.

Global 335

Global Australia Silicon Valley China 335

Steve Blank

NOVEMBER 29, 2016

It’s hard to believe that in my lifetime I’ve seen entrepreneurship go from a crime to an aspiration in China. CEO succession is an equally important issue in China, and the story has equal relevance there. Party members and seasoned China watchers read it carefully to gauge which way the political wind is blowing.

Leadership 120

Leadership China Employee Product 120

Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. I was only in China for a week so this a cursory view. China Venture Capital. China now has plenty of both.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

APRIL 12, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. I was only in China for a week so this a cursory view. Investing in China Today. All the usual caveats apply.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

JUNE 3, 2013

As soon as they had designed the product, they found a contract manufacturer to build the product in China. Alice and Bettina are hands-on mechanical and electrical engineers, so instead of assuming everything would go smoothly, they wisely got on a plane to Dongguan China and worked with the factory directly. They learned a ton.

PR 314

PR China Lean Channel 314

Steve Blank

JUNE 3, 2013

As soon as they had designed the product, they found a contract manufacturer to build the product in China. Alice and Bettina are hands-on mechanical and electrical engineers, so instead of assuming everything would go smoothly, they wisely got on a plane to Dongguan China and worked with the factory directly. They learned a ton.

PR 206

PR China Lean Channel 206

Steve Blank

JUNE 15, 2011

In the stealth phase , prescient angel investors and Venture Capitalists (VCs) start investing in an industry or market segment that others have not yet found. In December 2010, Youku—the YouTube of China —went public, with a valuation of $4.4 In May 2011, RenRen—the Facebook of China —had a first day valuation of $7.4

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Steve Blank

FEBRUARY 10, 2016

The limited partners could put their money in the stock market, but instead, they give it to you, the venture capitalist, which is much more risky, but you’re promising them huge returns. — Getting Keen Home’s smart vent to market was no small task. So there’s what called spot market, and a futures market (for parts).

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

Steve Blank

NOVEMBER 21, 2016

Times China bureau chief Julie Makinen , who is on a JSK journalism fellowship at Stanford , and is part of our mentorship team, has been taking notes on Weeks 7 and 8. The teaching team delivers comments, pulling no punches. It’s tough. She shares her observations below. A giant fork in the road.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Times China bureau chief Julie Makinen , who is on a JSK journalism fellowship at Stanford , and is part of our mentorship team, has been taking notes on Weeks 7 and 8. The teaching team delivers comments, pulling no punches. It’s tough. She shares her observations below. A giant fork in the road.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

JUNE 23, 2016

They’re better than large companies at identifying customer needs/problems and finding product/market fit by pivoting rapidly. Which brings us to the fourth reason it’s harder for large corporations to offer disruptive breakthroughs: startups. In contrast, startups operate with speed and urgency, making decisions with incomplete information.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

APRIL 1, 2020

If you’re a CEO who can’t quickly bias yourself for action and if you wait around for someone to tell you what to do, then your investors, or more likely the market, will make those decisions for you. Health of Your Current Target Market(s). Emergence of New Market(s). Marketing programs spending. External Assessment.

South Korea 333

South Korea Salary Business Model China 333

Steve Blank

MARCH 14, 2012

As often happens, this team came into class convinced that their market research proved that their business was providing credit to underbanked customers. Interviewed 154 customers in China plus surveyed another 48. Here are the final four (the first five are here.). Team ParkPoint Capital. Lots of learning and pivots on the way.

Lean 248

Lean Business Model Customer Development China 248

Steve Blank

APRIL 11, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. The previous post described how China built its science and technology infrastructure. It has become China’s Silicon Valley.

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

MARCH 4, 2014

Facing continuous disruption from globalization, China, the Internet, the diminished power of brands, changing workforce, etc., For example, the Boston Consulting Group 2 x 2 growth-share matrix was an easy to understand strategy tool – a market selection matrix for companies looking for growth opportunities. Strategy Maps.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

APRIL 11, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. The previous post described how China built its science and technology infrastructure. It has become China’s Silicon Valley.

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

AUGUST 17, 2009

In 1949, with the detection of the first Soviet nuclear weapons test, the Iron Curtain falling across Europe and the fall of China to the Communists, Cold War paranoia drove the U.S. doing postdoctoral internships, supervised by faculty members or hired staff (many from Fred Terman’s WWII Electronic Warfare lab.)

Silicon Valley 142

Silicon Valley RSS California Government 142

Steve Blank

JANUARY 25, 2022

The last year has seen a ton written about the semiconductor industry: chip shortages, the CHIPS Act , our dependence on Taiwan and TSMC , China, etc. Given that China believes Taiwan is a province of China this could be problematic for the West. China’s largest import by $’s are semiconductors – larger than oil).

Taiwan 436

Taiwan IP Artificial Inteligence Intellectual Property 436

Steve Blank

JANUARY 26, 2016

DF-21 and Islands in the South China Sea. Rapidly iterate technology to produce solutions while searching for product-market fit. Yet in the last decade the U.S. Department of Defense and Intelligence Community are now facing their own disruption from ISIS. North Korea.

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Steve Blank

SEPTEMBER 20, 2022

I told Shenwei I was happy for him because he had just been handed an awesome learning opportunity – how to rapidly understand and then map any new market. Are there analogies to other markets? Overlay numbers, dollars, market share, Compound Annual Growth Rate (CAGR) on all parts of the industry diagram. Economic experts?

Forecast 376

Forecast China Demand Web 376

Steve Blank

JANUARY 29, 2016

I went out like a bull in a china shop, “Grab grab grab, get it, get it. I looked down upon those marketing majors, who just wanted to make money, and I thought this was the last thing that I would ever do. …I She had no idea what she was getting into: There were no work pants that fit women out there on the market.

Entrepreneur 120

Entrepreneur Monaco San Francisco Cofounder 120

Steve Blank

NOVEMBER 7, 2016

Times China bureau chief Julie Makinen , who is on a JSK journalism fellowship at Stanford , and is part of our mentorship team, has been taking notes on the rough and tumble of Weeks 5 and 6. Or would their target market just shrug? What pains could they take away for these customers, or what gains could they offer?

Eritrea 253

Eritrea Lean Libya Silicon Valley 253

Steve Blank

NOVEMBER 7, 2016

Times China bureau chief Julie Makinen , who is on a JSK journalism fellowship at Stanford , and is part of our mentorship team, has been taking notes on the rough and tumble of Weeks 5 and 6. Or would their target market just shrug? What pains could they take away for these customers, or what gains could they offer?

Eritrea 253

Eritrea Lean Libya Silicon Valley 253

Steve Blank

SEPTEMBER 26, 2018

Large tech companies like Google, Amazon, Apple recognize that the multi- trillion dollar health care market is ripe for disruption and have poured billions of dollars into the space. It’s how China approaches approvals and will allow U.S. Healthcare on Your Wrist. Did Apple Cut in Front of the Line? The Future. Outside the U.S.,

China 67

China Technical Review Software Review Algorithm 67

Steve Blank

JANUARY 8, 2019

Horizon 2 ideas extend a company’s existing business/model and core capabilities to new customers, markets or targets. Ironically rapid Horizon 3 disruption is most often used not by the market leaders but by the challengers/new entrants (startups, ISIS , China, Russia, etc.). Why Do the Challengers/new Entrants Have the Edge?

China 295

China Government Russia Acquisition 295

Steve Blank

MAY 18, 2009

of the founders surveyed were born in China, 3.8% of total entrepreneurs born in China and India is not even close to what entrepreneurship in Silicon Valley looks like. I don’t know what number of entrepreneurs in SV are from China or from Chinese parents and likewise for Indians. In the country of birth it says 0.6%

Founder 297

Founder Silicon Valley RSS China 297

Steve Blank

MARCH 22, 2022

The Quantum Market Opportunity. While most of the IPOs have been in Quantum Computing, Quantum technologies are used in three very different and distinct markets: Quantum Computing , Quantum Communications and Quantum Sensing and Metrology. All of three of these markets have the potential for being disruptive. Quantum Annealer.

Technology 436

Technology Algorithm Stealth Distribution 436

Steve Blank

AUGUST 3, 2009

That same year China fell to the communists under Mao Zedong, and the Nationalist government retreated to Taiwan. As tensions rose, there was a growing fear that the Soviets could invade and occupy all of Western Europe. In 1949, the Soviets exploded their first nuclear weapon and ended the U.S monopoly on atomic weaponry.

Silicon Valley 153

Silicon Valley RSS Europe Germany 153

Steve Blank

FEBRUARY 9, 2021

China is executing a plan to win with new technologies through its strategy of Military-Civil Fusion—they’ve torn down the barriers between Chinese companies and academia and its military. leadership in technology disappear and the country founder in the backwash of the coming China age. Our adversaries aren’t waiting.

Technology 269

Technology China Government Artificial Inteligence 269