David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . Pitchbot.vc

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Steve Blank

AUGUST 27, 2012

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. And that’s where the problem was.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. Part 2: Early-stage Regional Venture Funds.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

DECEMBER 30, 2014

But a new class of life science/healthcare co-working and collaboration space is another. A new life science/healthcare co-working and collaboration space. It looks like someone is actually pulling this together in a life science/healthcare co-working and collaboration space in Chicago called MATTER.

San Diego 261

San Diego North Carolina Chicago Lean 261

Startup Lessons Learned

APRIL 14, 2009

In an early-stage startup especially, revenue is not an important goal in and of itself. This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. Let’s start with a simple question: why do early-stage startups want revenue? But all things are never equal.

San Francisco 167

San Francisco Customer Lean Hockey Stick 167

Steve Blank

JUNE 25, 2009

The answer depends on your answer to two questions: which step in the Customer Development process are you on? Customer Development and Selling Strategy If you’ve just started your company you are in customer discovery. Hiring a VP of Sales in customer discovery typically sets a startup back.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

OCTOBER 5, 2009

Unlike Intel chips, MIPS chip architecture also made it possible to plug in a math co-processor. Oh, and since it was not code compatible with anything, we were going to have to port all the key scientific applications our customers needed (as soon as we figured out who they were.) A few days later Gordon became a founder.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

View from Seed

SEPTEMBER 11, 2019

Pre-launch customer development data is another way, sometimes in the form of user surveys for consumer companies or interviews with potential beta customers for B2B businesses. One of our portfolio investments, a B2B SaaS company, was a pre-product startup at the time of the seed round. B) Post-Product Companies.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

Startup Lessons Learned

AUGUST 26, 2009

The companies I spoke to all agreed that the community there was extremely supportive, especially in the critical ulta-early-stage. Then, create an encouraging environment for early-stage companies. Provide early seed capital, and be the ones to make those introductions. And do your customer development.

San Francisco 113

San Francisco Silicon Valley Startup Lean 113

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. On average, the founders who keep the most control over their company make the least amount of money. Lessons Learned.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Startup Lessons Learned

NOVEMBER 17, 2008

Lessons Learned by Eric Ries Monday, November 17, 2008 The four kinds of work, and how to get them done: part one Ive written before about some of the advantages startups have when they are very small, like the benefits of having a pathetically small number of customers. What is customer development?

San Francisco 88

San Francisco Lean Continuous Deployment DC 88

Steve Blank

AUGUST 8, 2016

Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Lane Merrifield.

Cofounder 145

Cofounder New York City Entrepreneur New York 145

www.women2.org

MARCH 8, 2012

female founders. founder friday. Lessons learned from female founders and women entrepreneurs. Startup Quote: Wendy Tan White on Building a Successful Startup » FounderDating: How I Found My Co-Founder. Tweet By Elizabeth Knopf (Co-Founder & CEO, Sorced). Conference 2012.

Cofounder 47

Cofounder Technical Review San Francisco Founder 47

Steve Blank

AUGUST 8, 2016

Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Lane Merrifield.

Cofounder 120

Cofounder New York City Entrepreneur New York 120

Steve Blank

MAY 13, 2010

But startups can shoot themselves in the foot when founders use consultants at the wrong time or in the wrong way. They’re deep into Customer Development ,” he said. Customer Development is the process of how you get out of the building and search for the model. Consultants Don’t Pivot, Founders Do.

Founder 199

Founder Cofounder Business Model Customer Development 199

Startup Lessons Learned

SEPTEMBER 14, 2008

Most of the people building our product werent themselves target customers. So there was simply no substitute for seeing actual customers with the product, live. Today, when I talk to startup founders, the most common answer I get to the question "do you talk to your customers?" Dont confuse passion with volume.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

Steve Blank

MARCH 1, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Joining me in SiriusXM’s studio in New York were: Nina Tandon , CEO and co-founder of EpiBone , the world’s first company growing bones for skeletal reconstruction.

Cofounder 120

Cofounder Entrepreneur Michigan Detroit 120

Startup Lessons Learned

JULY 30, 2009

A discounted price is available for early stage entrepreneurs and students. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? The event will include a talk from Eric on The Lean Startup over dinner, followed by moderated table discussion and then final Q&A with Eric.

Lean 68

Lean San Francisco Continuous Deployment DC 68

Startup Lessons Learned

JUNE 9, 2009

benjaminjoffe : early adopters of buggy product are visionary customers, sometimes smarter than founders! goap #ericries InvisibleGaijin : #goap #leanstartup Eric Ries talks about importance of "visionary customers" in startup success. Startups need to spend time with these customers. Brilliant insight.

Lean 60

Lean San Francisco Japan Continuous Deployment 60

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Startup Lessons Learned

OCTOBER 23, 2013

Alistair and Ben, co-authors of the book Lean Analytics, will help you sort it out in our next webcast, Lean Analytics for Non-tech Companies. LSC: Tell us about the customer development you did for your book: Alistair: We''ve been thrilled at how Lean Analytics seemed to resonate with founders.

Analytics 167

Analytics Lean Widget Metrics 167

Steve Blank

SEPTEMBER 30, 2015

And Silicon Valley’s pay-it-forward culture is a huge help to startup founders. Gary Marcus , one of the country’s best-known cognitive psychologists, is a professor of psychology and neural science at NYU and founder of Geometric Intelligence. The stuff founders are made of. If you can’t hear the clip, click here.

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Startup Lessons Learned

JANUARY 2, 2009

Unfortunately, they are disinterested in doing the hard work to help early stage entrepreneurs and companies. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R. Take a look and let me know what you think.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

Steve Blank

JANUARY 29, 2016

Realizing you need help and learning how to ask for help are crucial skills for a founder. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Steve Sims , founder of Bluefish executive concierge service.

Entrepreneur 120

Entrepreneur Monaco San Francisco Cofounder 120

Startup Lessons Learned

AUGUST 8, 2009

When it becomes possible to build products "live" with customers, the cycle time changes and design becomes a much more dynamic process. We still struggle to create Firm software that is defect-free, and it still requires customer insight (and maybe some customer development) to discover what will Delight.

Software Review 87

Software Review Design Software San Francisco 87

Startup Lessons Learned

JUNE 5, 2009

In other words, we want to use the spreadsheet to quantify our progress using the most important unit: validated learning about customers. One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

FEBRUARY 17, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Filed under: Customer Development , SiriusXM Radio Show. In the average VC portfolio … 1 in 10 companies (they invest in) will turn out to be a big hit.

Government 120

Government Entrepreneur Intellectual Property New York 120

Spencer Fry

APRIL 17, 2017

What tends to give are what you really need to be focusing on most at the start of your business: customer development, customer outreach, marketing, copy, and design. As a bootstrapped startup, the only accountability you have is to yourself and to your co-founder if you have one. Having great accountability.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

Steve Blank

JUNE 22, 2009

Cultural Revolution at Large Corporations – the Founders Return Of the companies that do reinvent themselves it’s interesting that often its the founder or an outsider that has the insight and makes the radical changes. At HP the founders were still at the company and still running the business.

Silicon Valley 164

Silicon Valley RSS California Agile 164

Startup Lessons Learned

MARCH 4, 2009

Thanks to those of you who were willing to fill out the survey, I learned my net promoter score (about 25) as well as some clear other segmentation insights: about 80% of you are founders of or work at a startup, you read many of the same other blogs, and many of you would like to engage with Lessons Learned in formats and venues beyond this blog.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

APRIL 17, 2010

Three premier early-stage venture investors have joined forces to sponsor the event: Baseline , Floodgate , and First Round Capital. Three premier early-stage venture investors have joined forces to sponsor the event: Baseline , Floodgate , and First Round Capital.

San Francisco 107

San Francisco Cleveland Romania South Africa 107

www.instigatorblog.com

MARCH 2, 2010

The Board probably existed beforehand, but was made up only of the founders. We have been lucky enough to have formed strong relationships with family friends and past co-workers, to have a very informal Board of Advisors on hand. Once funding takes place, the angels or VCs will want a seat at the table.

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

Steve Blank

MAY 21, 2009

Is the company hosting/co-sponsoring some event? Customer Discovery Sitting inside of your company you’ve made a whole bunch of assumptions about who your customers are and why they will buy. Key Influencers Does the company have press/industry analysts scheduled for demos? Plus tips on overall trade show strategy.

Silicon Valley 178

Silicon Valley RSS California Customer Development 178

Steve Blank

APRIL 20, 2021

Shawn immediately said the name I had given the four steps was confusing – I had called it market development – he suggested that I call it Customer Development – and the name stuck. And Jennifer is now my co-instructor in the Stanford Lean LaunchPad class.). Step 3: Jobs to Be Done. Final Thoughts.

Product 436

Product Viral Channel San Francisco 436

Up and Running

MAY 23, 2016

“If you can fix a problem for someone and do it better, quicker, and/or cheaper than your competitor, you’re off to a good start.” – Gabriel Kuperman, founder and CEO of CuePin. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

FEBRUARY 24, 2009

I liked the flattering Venture Hacks commentary so much Ill just quote it: Many founders believe that early stage startups are endeavors of execution. The customer is known, the product is known, and all we have to do is act. He believes that many early stage startups are labors of learning.

Lean 74

Lean San Francisco Continuous Deployment DC 74

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 24, 2011

My co-hosts were Bob Walsh and Patrick Foley , hosts of the well-known Startup Success Podcast. Because then you’d miss out on: Whether it’s better experience to build a complete, tiny startup or to do more in-depth customer development for a meatier problem. How cofounders can collaborate without going crazy.

Cofounder 208

Cofounder Technical Review Software Review Differentiation 208