Remove Customer Development Remove Entrepreneur Remove Later Stage Remove Startup
article thumbnail

Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Part 1: Bend, Oregon Ecosystem and Entrepreneurs. Part 2: Early-stage Regional Venture Funds. Success depends on finding startups that have identified acute customer pains in large markets where conditions are ripe for a new entrant. Few entrepreneurs find this scalable and repeatable business model because it’s not easy.

article thumbnail

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.

Cofounder 229
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

You’ll Be Dead Soon – Carpe Diem

Steve Blank

Watching an entrepreneur fail is sad, but watching but watching them fail from a lack of nerve is tragic. Bob had taken to heart the business model canvas and Customer Development lessons. After 90 days, things seemed to be moving at startup speed. He seemed to be on the fast track to startup success. Steve Jobs.

article thumbnail

How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

Even for later-stage companies with predictable financials, the lack of liquidity, audited financials, and standardized metrics creates real challenges to scaling quantitative investing. The only problem that faces startup investors now is how to mine this new data layer efficiently to increase returns.”.

article thumbnail

Corporate Venture Capital: Obligatory or Oxymoron?

David Teten

And they should be; the feeding frenzy in the innovation economy is in some cases because startups are eating the lunch of more established companies. Entrepreneurs today expect more than just capital from their investors. Teten: The new generation of entrepreneurs is asking more from their investors than just money.

article thumbnail

Lessons Learned: Work in small batches

Startup Lessons Learned

The sooner you pass your work on to a later stage, the sooner you can find out how they will receive it. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R. Small batches mean faster feedback.

article thumbnail

Durant Versus Sloan – Part 1

Steve Blank

If you’re an entrepreneur you might be interested to know that when Sloan took over General Motors in 1923, it was already a $700 million dollar company (about $8.5 Thanks for the History Lesson – So What? Well thanks for the history lesson but why should you care? billion in sales in today’s dollars.)