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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. You might as well bring your lucky rabbits foot to the VC meeting. Just as a refresher.

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The David S. Rose Reading List for High-Growth Startups

Up and Running

You’ll learn more about what destroys startups, how to use the Customer Development method to succeed, how to use the Business Model Canvas, how to identify and keep your customers, and how to drive profits. Lean Customer Development: Building Products Your Customers Will Buy. B y Cindy Alvarez.

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Startup Tools

steveblank.com

Managewith.us - Collaborative Task Manager Mavenlink - manage project communications, documents, schedules, budgets, payments Industrial Logic – Agile eLearning Misc Office Help Google Apps – cloud mail server, calendar, docs, etc. It’s more reference material. Thus, these pages. I’ll add more as time goes on.

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Make No Little Plans – Defining the Scalable Startup

Steve Blank

Staring at us in the board meeting were three term-sheets from brand name VC’s and an unexpected buy-out offer from Google. They grow their business via profits or traditional bank financing. Posted in Customer Development, Durant versus Sloan, Technology, Venture Capital.

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Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. Customer service. easy business finance software. YCombinator Series AA Equity Financing Documents. WSGR Term Sheet Generator. Orrick, Herrington Term Sheet Generator. Founders Institute Plain Preferred Term Sheet â?? Codeacademy.

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Deals We Lost: Homebrew’s Two 2013 Misses

Hunter Walker

The product was still evolving but their execution ability and customer development had accelerated nicely during the startup’s first few months. While we believe our participation would have been long-term additive for them, we’re still rooting for their success. Two learnings. How do we take it to, well, 11.

Cofounder 105
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Lessons from the Front Line of a Microfund

The Entrepreneurial Mind

This is true in the typical areas of accounting, finance, marketing, fundraising (like other micro funds). Program Content : "Lean Startup / Customer Development in practice. The point is - our 60 Mentors are entrepreneurs & angels themselves.not in some distant past but right now - today."