Remove Customer Development Remove Engineer Remove Operations Remove Partner
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How To Find the Right Co-Founders?

Steve Blank

For medical devices it might be mechanical engineering, clinical trials, regulatory approval, freedom to operate (intellectual property) and figuring out a reimbursement strategy. Therefore the ideal medical device team might be a physician; engineer; operator; business development/financial analyst.

Cofounder 335
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Hacking for Defense @ Stanford 2021 Lessons Learned Presentations

Steve Blank

Although the class was run completely online, and even though they were suffering from Zoom fatigue, the 10 teams of 42 students collectively interviewed 1,142 beneficiaries, stakeholders, requirements writers, program managers, industry partners, etc. Team Neurosmart – Optimizing Performance of Special Operators. Stay tuned.

Lean 385
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The Lean LaunchPad Class: It’s the same, but different

Steve Blank

So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone.

Lean 248
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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. “Customer Development” to test the hypotheses outside the building and. Teams talk to 10-15 customers a week and make a minimum of 100 customer visits.

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Hacking for Defense @ Stanford – Weeks 8 and 9

Steve Blank

the teams spent the last two weeks learning what activities, resources and partners they would need to actually deliver their solution. Second: I also gave the commencement speech at the NYU engineering school here. Now with over 917 interviews of beneficiaries (users, program managers, stakeholders, etc.), The Left side of the Canvas.

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Entrepreneurship as a Science – The Business Model/Customer Development Stack

Steve Blank

Over the last 50 years engineers have moved from building computers out of individual transistors to building with prepackaged logic gates. At the same time every computer company was writing its own operating system. Soon standard operating systems (e.g. It’s the combination of Business Model Design and Customer Development.

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Which Fundraising Round Should You Skip?

View from Seed

Or, if you can’t skip a round, when should you try to work extra hard to minimize dilution and when should you be prepared to take more dilution for the right partner/situation? Also, the benefit of raising a pre-seed from great partners probably outweighs the cost. Founders with limited experience. Experienced founders: B2B.

Dilution 149