Steve Blank

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Is a Venture Studio Right for You?

Steve Blank

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. In exchange for attending an accelerator, startups give up 5% to 10% of their company’s equity.

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Am I a Founder? The Adventure of a Lifetime. « Steve Blank

Steve Blank

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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Beyond the Lemonade Stand: How to Teach High School Students Lean Startups

Steve Blank

For the second startup, we chose a year-old web/mobile startup whose market is college bound teens, with a founder who had skipped the initial customer validation process. Knowing they had 3 weeks before presenting to the company co-founders, the kids felt intensity like no traditional classroom could generate.

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Organizational Debt is like Technical debt – but worse

Steve Blank

retaining their existing hires who were working for intern-like salaries with little equity. I got answers that sounded like the Tom’s – new stock grants for the executive staff, great new building, and oh, by the way, Tom and his co-founder got to sell some stock in the new round. Upgrade their salaries and equity ASAP.

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ESADE Business School Commencement Speech

Steve Blank

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. If they don’t, then the management team has simply become caretakers of the founders’ legacy.

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Getting out of the building…by staying in the building!

Steve Blank

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.

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You’re Just the Founder

Steve Blank

My co-founder and I gulped as we went through each part of the package; the equity we ere offering would make him an equal founder, and his salary, while a huge cut for him was a lot more than the starvation budget we had put ourselves on. You’re Just the Founders. You’re just the founders.” Lessons Learned.

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