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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

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Vertical Markets 1: Bad Advice – All Startups are the Same « Steve.

Steve Blank

Verticals Are Different I began to realize that entrepreneurs (and their professors) act like every vertical market and industry has the same set of rules. So the first heuristic is: do not assume the startup rules are the same for all vertical markets. Just for discussion, the markets I chose were: Web 2.0,

Vertical 156
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Thanksgiving Day

Steve Blank

So no post today on entrepreneurship, Secret History of Silicon Valley, Customer Development, Lean Startups, etc. Reply steveblank , on November 26, 2009 at 10:29 am Said: Just the stories of the entrepreneurs are bigger than life. Just a reflection on my family and hopes for our children. Best regards, Manish Reply Kyle Q.

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Ardent 3: Supercomputer Porn

Steve Blank

Nuclear Weapons Laboratories which used supercompurters to run their hydrodynamics codes to simulate what went on in the first microseconds in a nuclear weapon and the National Security Agency (with Cray putting in a special population count hardware instruction) used to facilitate decryption of codes.

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Agile Opportunism – Entrepreneurial DNA « Steve Blank

Steve Blank

The former manager had been fired because: ESL had a major military contract to deploy an intelligence gathering system to Korea they needed to train the Army Security Agency on maintenance of the system the 10 week training course (6-hours a day) hadn’t been written the class was supposed to start in 6 weeks.

Agile 265
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Burnout « Steve Blank

Steve Blank

I tried to clear my head and remember what else I had said, like anything that would be really, really, really bad to say outside of a secure facility. As I realized what I had said, a much longer panic set in. As I left this meeting I realized I didn’t even remember when I had left ESL or how I had gotten to Zilog.

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Founders and dysfunctional families « Steve Blank

Steve Blank

In this admittedly very unscientific survey I’ve found that between a quarter and half of the students I consider “hard-core&# entrepreneurs/founders (working passionately to found a company,) self-identified as coming from a less than benign upbringing. I’ve been surprised at the data. Let me know what you think.

Founder 310