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Can You Trust Any vc's Under 40?

Steve Blank

On top of all this it was considered very bad form not to have at least four additional consecutive quarters of profits after an IPO.) They taught you about customers, markets and profits. The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down.

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Reinventing Life Science Startups – Medical Devices and Digital Health

Steve Blank

Recently, the financing of innovation in medical devices has collapsed even further with most Class III devices simply unfundable. Because device IPOs are rare, and M&A is much tougher, liquidity for investors is hard to find. Filed under: Customer Development , Lean LaunchPad , Science and Industrial Policy , Teaching.

Startup 294
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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Startup lifecycle in an IPO Market. Netscape’s 1995 IPO changed the rules. Depending on your industry, in this decade it’s 5 to 10x less likely that your company will have an IPO as an exit.

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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

.” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. invested, IPO’ed in 2000 for $32/share — stock price now $2. from an IPO under a year ago of $10.

IPO 240
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How Scientists and Engineers Got It Right, and VC’s Got It Wrong

Steve Blank

In 1960’s and ‘70’s few MBA’s would give up a lucrative career in management, finance or Wall Street to join a bunch of technical lunatics. This all changed in 1980 with the Genentech IPO. In 1980 Genentech became the first IPO of a venture funded biotech company. Yet the companies were anomalies in the big picture in the U.S.

Engineer 305
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Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Liquidity for most Internet startups happens via IPO’s. 70% of exits in China are via IPO (in the U.S. Liquidity is via IPO’s not buy outs. Filed under: China , Customer Development , Technology , Venture Capital.

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Why vanity metrics are dangerous

Startup Lessons Learned

If you never have, you can create your own using Google Finance. If you never have, you can create your own using Google Finance. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Go ahead and try it, then come back. Youve just experienced vanity metrics hell.

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