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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” It’s an impressive portfolio.

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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Over my career as a serial entrepreneur I observed that since the late 1990s, no early-stage Silicon Valley investor had used business plans to screen investments. Traction and evidence from customers were what investors were looking for – even in “slow” sectors like healthcare and energy. Seeing Is Believing.

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Launching a Portfolio Acceleration Platform at a Venture Capital or Private Equity Fund

David Teten

I propose here a framework for prioritizing your platform buildout. I have developed a founder curriculum on my blog. Relationships with Venture Partners, Entrepreneurs in Residence , and other non-salaried personnel who can help your companies. Customer Development. AskAnything.VC

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. While we were going to teach theory and frameworks, these students were going to get a hands-on experience in how to start a new company.

Lean 300
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How VCs Can Accelerate Portfolio Company Returns

David Teten

Even the best VCs and entrepreneurs have a painfully high failure rate. We’re now in the midst of surveying VCs and entrepreneurs for this research. Entrepreneurs please click here. We have interviewed over 50 entrepreneurs and some leading VCs around the US about their experiences and pain points while building their companies.

Portfolio 144
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How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

While the posts were theory I was a bit surprised when John Selep , an early-stage investor, approached me and said he was actually using the Investment Readiness Level (IRL) in practice. Since I began incorporating the Investment Readiness Level framework I’ve made three observations. Here’s John’s story. But the ‘ah-hah!’

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. Horizon 3 is where companies put their crazy entrepreneurs. I’ve been working with large companies and the U.S. A 50x speedup kind of fast.

Lean 120