Steve Blank

NOVEMBER 7, 2023

The first part was railing against the consequences of regulatory capture on innovation and a second part, about the consequences of premature government regulation of AI and why the incumbents are all for it. Unfortunately, for startups entering a regulated market following this advice this might not be the optimum path. In the U.S.

Washington 310

Washington Government Marketing Silicon Valley 310

Startup Professionals Musings

NOVEMBER 7, 2021

Most of these are easy to avoid if you do your homework up front, but can cost you dearly if you get sucked in. If you feel confused by conflicting time zones, differing currencies, and up-front costs, it’s time to run the other way. Work at home to fund your startup. Off-shore unsolicited investor offers.

Technical Review 371

Technical Review Due Diligence Non-disclosure Agreement Term Sheet 371

The Startup Magazine

JULY 26, 2021

With all that in mind, we can see how important it is to reduce costs to stay afloat. Here are a few cost-saving rules all manufacturers need to follow today: Adopt lean manufacturing. Lean Startup Feedback Loop from lean.st. Another cost-saving strategy is to invest in a contingent workforce and outsource certain positions.

Cost 158

Cost Technical Review Bankruptcy Lean 158

ReadWriteStart

APRIL 14, 2023

In 2022, we saw unusual supply constraints — lingering post-coronavirus supply chain issues, a persistently tight labor market , and Russia’s invasion of Ukraine — converge with high demand — partly fueled by heavy government stimulus during the first two years of the pandemic.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

JUNE 12, 2022

Government bail-outs do not promote innovation. Universities and other R&D groups have created a large number of new inventions and innovations, mostly lying dormant on the shelves of our researchers and labs, waiting to be commercialized by aspiring entrepreneurs, with minimal up-front costs for licensing.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

Lean 335

Lean Burn Rate Startup IPO 335

VC Cafe

JANUARY 14, 2022

2021 was a banner year for Israeli startups, breaking new records in fundraising, new unicorns, and exits. Israeli startups are on fire. According to the 2021 Tech Review report by IVC , Israeli tech startups attracted a record of $25.6 Exits of Israeli startups in 2021 reached $82.4 What comes next? Where are we now?

Technical Review 158

Technical Review Lock-up Period South Korea 158

YoungUpstarts

OCTOBER 6, 2019

But talking specifically about Startups, there still lies a loophole/s. Software Testing’, or specifically the lack thereof, is one of the answers of why startups fail. Many startups just skip testing in order to save time during the development process. Cost of skipping Software Testing in Startup Culture.

Software 222

Software Startup Software Developers Software Development 222

VC Cafe

SEPTEMBER 26, 2022

The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. A combination of competition for top talent and an effort to bring employees back to the office drove startups in Israel to throw extravagant parties and all-inclusive retreats abroad.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Startup Professionals Musings

MAY 17, 2020

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. Viral marketing costs real money, and your support staff and hosting systems cost even more.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. He seemed to ignore the fact that hungry people have no money, and governments rarely pay.

Technical Review 329

Technical Review Merger Software Review Acquisition 329

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

YoungUpstarts

NOVEMBER 30, 2017

Many startups make the mistake of not establishing a proper legal structure right off the bat. Despite the importance of employee contracts, many startups make certain common mistakes with them. One of the key areas in which you need to focus is on employment contracts. Using the Same Contract for All Employees.

Cost 113

Cost Intellectual Property Software Review Non-Compete 113

VC Cafe

JANUARY 22, 2021

A few months ago, VC Cafe launched a series on startup engagement and outreach programs of large tech companies. After covering Google startup outreach and support (from first hand experience), today I’m happy to add Amazon and AWS, by looking into the variety of ways startups can engage with the commerce and cloud giant.

Technical Review 174

Technical Review Startup Venture Capital Incubator 174

Startup Professionals Musings

MAY 13, 2023

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Most startup projects require special skills and a motivated team.

Technical Review 267

Technical Review Due Diligence Intellectual Property Internet 267

The Startup Magazine

FEBRUARY 7, 2022

All startup businesses have to go through extensive research of government or state laws and administrative processes before their establishment. A restaurant startup is faced with double the work regarding food safety regulations , and this particular type of business requires quite an extensive opening checklist.

Startup 120

Startup Technical Review Green Government 120

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

OCTOBER 26, 2022

Business agility is defined as the ability to adapt rapidly and cost efficiently. Moving forward, you should expect the market volatility to increase, driven not only by customers, but by new technology, changing government regulations, and a surge in new competitors. The real problem is inflexible people.

Agile 379

Agile Technical Review Leadership Social Media 379

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

David Teten

FEBRUARY 2, 2012

I’ve recently met with several universities, nonprofits, and government employees who’ve all asked the same question: how can we promote entrepreneurship? The first and primary role of a government is to provide basic public goods competently. To the extent that the government fails to do that, it will retard job creation.

Government 146

Government Technical Review New York Offshore 146

Steve Blank

DECEMBER 11, 2023

Applicants were told that ERA was doing electronics work for government and industry. Unfortunately for the company they couldn’t tell anyone as their customer was the most secret government agency in the country – the National Security Agency. Costing $250,000 ($3.2 Each ATLAS I cost the NSA $1.3

Minnesota 309

Minnesota Engineer Minneapolis Silicon Valley 309

Startup Professionals Musings

JANUARY 6, 2023

For example, a while back a passionate entrepreneur approached me with an innovative solution for reducing world hunger, but hadn’t focused on the fact that hungry people often don’t have any money, and governments are not easy customers. Selling below cost doesn’t do it, nor does giving it away free, and hoping to make it up in volume.

Technical Review 201

Technical Review Government Agile Differentiation 201

The Startup Magazine

DECEMBER 21, 2022

Many nonprofits use CRM (Constituent Relationship Management) software nowadays to boost workflow, efficiencies and reduce costs. Not only is social media cost-effective, but it allows organizations to target specific demographics. Government Grants. Many nonprofits raise significant sums of money through government grants.

Social Media 150

Social Media Government Salary Software Review 150

Steve Blank

JUNE 27, 2017

As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?”. Here’s one reason why: Startups can do anything. Startups can do anything.

Startup 301

Startup New York City Valuation Distribution 301

Startup Professionals Musings

JULY 5, 2023

It won’t work, it costs time and money, and hurts your credibility when you need them later. It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Their real value is your access to senior advisors with experience, and other startups in the same stage.

Startup 305

Startup Incubator Exit Strategy Institutional Investors 305

ReadWriteStart

MARCH 31, 2020

Venture capital investment is one of the top places startups look out for when seeking funding for their business alongside other popular options like angel investing and crowdfunding. Therefore, startups can expect investors to make significant adjustments based on lessons learned last year, which are rather harsh.

Technical Review 175

Technical Review Artificial Inteligence Startup Term Sheet 175

Startup Professionals Musings

JUNE 2, 2023

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

This is going to be BIG.

JANUARY 18, 2024

Still, there are a lot of downsides to taking venture money—the push to grow at all costs, our desire to be all up in your business, literally, and sometimes, we’re kind of obnoxious. These are people that didn’t make their money through a tech startup or startup investing. It will save everyone a lot of cost and time.

.Net 88

.Net Cap Table Startup Technical Review 88

YoungUpstarts

SEPTEMBER 24, 2017

I’m reminded of the funny one-liner President Reagan used to deliver, “The most terrifying words in the English language are: I’m from the government and I’m here to help.” Cost control. We continue to read about the wrangling over healthcare legislation in Washington D.C. A hidden benefit. Problems solved.

Cost 113

Cost Employee Software Review Small Business 113

Steve Blank

OCTOBER 30, 2012

Today we are announcing the biggest entrepreneurial program ever launched – Startup Weekend Next. A partnership of Startup Weekend , Startup America , TechStars and Udacity , Startup Weekend Next brings four weeks of amazing hands-on training learning to build your startup to cities around the world.

Startup 335

Startup Lean Incubator Business Model 335

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. You must have seen a lot of startups giving out promotions, discounts, and incentives at the early phase of their business.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

The Next Web

OCTOBER 24, 2013

Everyone, including opponents of giving legal status to millions of “illegal” or undocumented residents, seems to agree that our immigration system is broken: We have a system that has millions of people living in America in the shadows, defying the law, yet doing work that makes it possible for the rest of us to enjoy great luxuries at low cost.

Government 134

Government United States America Green 134

Steve Blank

NOVEMBER 2, 2021

This “whole of government approach” is known by the acronym DIME -FIL. INTERACTIVE CHART “ Average Cost of Hard Drive Storage per Gigabyte 1980-2014” Human Progress. the government is painfully learning how to reorient its requirements and acquisition process to buy these commercial, off-the-shelf technologies. In the U.S.,

Technical Review 401

Technical Review Taiwan Technology Artificial Inteligence 401

The Startup Magazine

MARCH 6, 2024

Research and Development Costs: Heavily dependent on novelty and technological advances, the electronic industry has to bear the hefty costs of research and development. That is why consumer surveys, interviews, discussions, and opinions matter the most, and so R&D costs are sky-high when talking about this industry.

Operations 137

Operations Management Software Review Technical Review 137