Steve Blank

APRIL 7, 2011

Venture Capital ; met with the local hardware/software venture capital firm. Incubators : toured the TechArb , the engineering student accelerator, and the Michigan Venture Center in the University’s Tech Transfer Office. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

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Michigan Silicon Valley Venture Capital Incubator 307

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

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Steve Blank

FEBRUARY 10, 2016

Will : Yes, and that was my first brutal intro into the difficulties of raising venture capital where I lived. . Steve : There is probably is no venture capital for 50 miles, if not 500 miles. . Will : Yes, (although)… Columbus, Ohio, has come a long ways, frankly, from a venture perspective.

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Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.

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Steve Blank

SEPTEMBER 19, 2016

Teach Department of Defense /Intelligence Community sponsors how to deliver problems to these schools and how to get the most out of student teams. The CIA set up In-Q-Tel to be the venture capital arm of the intelligence community to speed the insertion of technologies. Train the Trainers. Lessons Learned.

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Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

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Lean Internet Silicon Valley Venture Capital 258

Steve Blank

AUGUST 13, 2009

Customer Development/Lean Startups In hindsight startups and the venture capital community left out the most important first step any startup ought to be doing – hypothesis testing in front of customers- from day one. Since I wasn’t an engineer, my contribution was around the team-building and fund raising. I was an idiot.

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Steve Blank

OCTOBER 19, 2009

Some of these advisors from the academic community would work with our of VP of Engineering and help us solve specific technical problems. I set up an advisory board as a vehicle to get these industry experts engaged with the company and product.

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Steve Blank

DECEMBER 30, 2014

In order to get the healthcare community to collaborate with each other to bring new ideas to market they will need some help to catalyze the “co” part of co-working. This has been nearly a 4-year journey,” said Schonthal who prior to moving back to Chicago in 2011 had been working in healthcare venture capital in San Diego.

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San Diego North Carolina Chicago Lean 261

Steve Blank

SEPTEMBER 19, 2016

Teach Department of Defense /Intelligence Community sponsors how to deliver problems to these schools and how to get the most out of student teams. The CIA set up In-Q-Tel to be the venture capital arm of the intelligence community to speed the insertion of technologies. Train the Trainers. Lessons Learned.

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Silicon Valley Afghanistan Iraq Community 120

Steve Blank

OCTOBER 8, 2012

How to build regional entrepreneurial communities has just gotten it’s first “here’s how to do it” book. Feld’s thesis is that unlike the common wisdom, it is entrepreneurs that lead a startup community while everyone else feeds the community. These events are a good proxy for the health and depth of a startup community.

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Steve Blank

MAY 12, 2015

The SBIR/STTR program made ~6,200 seed stage investments in 2014, dwarfing the seed investments made by venture capital. startups that don’t fit whatever’s hot in venture capital. It has since been adopted by the entire federal research community. In fact, half of all seed stages in tech companies in the U.S.

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Steve Blank

NOVEMBER 26, 2009

We try our best to give back to our community and country and always wonder – is it enough? A Few Thoughts for Thanksgiving On this day it’s hard not to be grateful and give thanks for the things that matter – family, friends, our health, and feel blessed for all the things that have come to us.

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Steve Blank

MAY 29, 2019

The other change is that universities, instead of being passive, have become active in building an entrepreneurial community. I want to make my community, country or world a better place, while solving some of the toughest problems.” They’ve become outward-facing universities.

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Steve Blank

JUNE 4, 2012

As we dug into learning about Alex’s teaching experience we naturally asked him about the ventures his own students were creating. Alex explained that in his community building a successful venture that generated nice cash flows – not IPO’s – were the big win.

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Steve Blank

JANUARY 21, 2013

Jim Hornthal splits his time between venture capital, entrepreneurship and education. The first month of customer discovery for most of their initiatives relied too much on conversations within the Princeton University community itself (fellow students, faculty and admin).

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Steve Blank

FEBRUARY 23, 2009

In hindsight it appeared clear that startups that survive the first few tough years do not follow the traditional product-centric launch model espoused by product managers or the venture capital community. Through trial and error, hiring and firing, successful startups all invented a parallel process to product development.

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Silicon Valley RSS Venture Capital California 127

Steve Blank

MARCH 22, 2009

Steve my name is Donald xx, and I’m the head of external affairs of the CIA’s venture capital firm and we’d like you to keynote our conference.” So I gave my “ The Secret History of Silicon Valley ” talk as the keynote to the CIA’s venture capital conference. They were all from somewhere in the intelligence community.

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Steve Blank

SEPTEMBER 30, 2015

We’ve had a lot of success in bringing people into the community and welcoming them. . Everyone is involved in the innovation entrepreneurship community in some way now. And entrepreneurship is a mysterious force that everyone is interested in and it brings everyone together. It’s not threatening. It’s collaborative.

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Steve Blank

JANUARY 4, 2011

Venture Capital. Perhaps it was just who I was meeting, but for a country so focused on innovation and startups the lack of venture capitalists was noticeable. If you fail, you’ve failed your family, your community and your country. As a result, societal pressures favor people who avoid risky ventures.

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Steve Blank

DECEMBER 11, 2023

For the next decade ERA would continue to deliver a stream of special-purpose code breaking electronic systems and subsystems for the Navy cryptologic community. These NSA documents give a hint at the number and variety of encryption and decryption equipment at NSA in the early 1950’s: here , here, here , here , and here.)

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Steve Blank

FEBRUARY 22, 2011

There are no tours of companies or venture capital firms. From Santa Clara to South San Francisco it’s 45 miles of one bedroom community after another. Startups and innovation have exploded here because of the rise of venture capital. Filed under: Family/Career , Technology , Venture Capital.

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Steve Blank

AUGUST 24, 2018

In contrast, Silicon Valley is an innovation cluster, a monoculture of sorts, with a churning sea of new tech ideas, sailed by entrepreneurs who each passionately believe they’re the next Facebook or Google, with their sails driven by the hurricane winds of investor capital. The seas are calm here. The talk is here.

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Rhode Island Silicon Valley Lean Customer Development 30

Steve Blank

AUGUST 27, 2009

The CEO looks at the product launch activities and the scale-up of the sales and marketing team, and yet again goes out, palm up, to the investor community. (In Assuming no early liquidity (via an IPO or merger) for the company, more fund raising is required.

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Silicon Valley Product Startup Product Development 260

Steve Blank

APRIL 20, 2009

And since there was no Venture Capital in the 1950′s/’60′s where was the money coming from? The formation of the military/industrial/university relationships during the Cold War and the relationship between Stanford and the intelligence community in particular, went on untold and out of sight.

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Steve Blank

NOVEMBER 7, 2013

Companies will have to maintain a portfolio of new business model initiatives, not unlike a venture capital firm, and they will have to accept that maybe only 1 out 10 initiatives might succeed. And in the same way it’s equally important for the company to authentically connect with the startup community.

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Steve Blank

DECEMBER 14, 2009

——– In March I was the keynote at the In-Q-Tel Venture Capital Conference, giving a talk on the Secret History of Silicon Valley. (In-Q-Tel In-Q-Tel is the Central Intelligence Agency’s Venture Capital firm in Silicon Valley.). intelligence community.

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Steve Blank

JUNE 15, 2009

If you are ever interested in sharing your message with the start-up community in Atlanta, I would be more than happy to help. Martin , on June 15, 2009 at 10:24 am Said: Silicon Valley culture is not the only culture implicated in this manner as a contributor the disintegration of family and community.

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Entrepreneur Silicon Valley Technical Review RSS 276

Steve Blank

MARCH 19, 2020

Our first priority is the health and safety of our families, employees, customers and communities. (Read it along with yesterdays survival strategy advice to CEOs.). I thought it was important enough to share it with all of you. Action This Day. As CFOs, our next key priority is preserving cash. For immediate action : 1.

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Steve Blank

MAY 15, 2013

Many of you are going to take what you learned here, get a good job, get married, buy a house, have a family, be a great parent, serve your community and country, hang with friends and live a good life. For some of you, that may be exactly what you are looking for. And that’s great. No one ever sets out to fail.

Minnesota 335

Minnesota Silicon Valley America Engineer 335

Steve Blank

MAY 15, 2013

Many of you are going to take what you learned here, get a good job, get married, buy a house, have a family, be a great parent, serve your community and country, hang with friends and live a good life. For some of you, that may be exactly what you are looking for. And that’s great. No one ever sets out to fail.

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Minnesota Silicon Valley America Engineer 227

Steve Blank

APRIL 13, 2009

It was the model for almost every military startup that followed, and its alumni who lived through its engineering and customer-centric culture had a profound effect on the rest of the valley, the intelligence community and the country. It had Hidden in Plain Sight.

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Steve Blank

JANUARY 24, 2014

But today we are intentionally engineering six distinct activities to support this tech cluster: entrepreneurial density, university, transportation, capital, accelerator, and business community. This effort was over a decade in the making and something that the local community fought hard for. Bend Venture Conference Winner.

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Engineer Silicon Valley Oregon San Francisco 307

Steve Blank

APRIL 16, 2009

Why do you think you were able to avoid this? steve Siddharth Chawla , on April 16, 2009 at 11:51 pm Said: Sounds interesting.

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Silicon Valley Product RSS Engineer 134

Steve Blank

JUNE 18, 2009

Thanks for being such a great thinker and advisor to the startup community! I’ve found your writing (from 4 steps to the blog) really helpful. in fact, I’m using your book and the approach you use in your Stanford classes in a seminar class I’m going to teach at Yale next year. Now I know what to do.:)

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Entrepreneur Silicon Valley RSS Customer Development 331

Steve Blank

MAY 17, 2022

Now open-source code libraries and developer tools allow organizations to use and build upon the work of external communities. The opportunity is so large that there are hundreds of AI accelerator startups designing their own chips, funded by 10’s of billions of venture capital and private equity.

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Artificial Inteligence Software Review Algorithm Technical Review 417

Steve Blank

APRIL 15, 2009

like community of users, that would allow citizens not only buy a car based on the open-sourced Volt, but built-it themselves with the pieces and improvements they prefer, taking in consideration their own personal necessities, preferences. with the auto bailout. I think the Volt open source platform could be managed through a Web 2.0-like

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Silicon Valley Open Source RSS California 120