Remove Customer Development Remove Government Remove Non-Compete Remove Silicon Valley
article thumbnail

China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. If you’re a software startup competing in China, the words that come to mind are “ruthless and relentless.” company setting up some subsidiary here and expecting them to compete while they were following U.S.

China 326
article thumbnail

Is the Lean Startup Dead?

Steve Blank

The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit).

Lean 335
Insiders

Sign Up for our Newsletter

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

article thumbnail

China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. If you’re a software startup competing in China, the words that come to mind are “ruthless and relentless.” company setting up some subsidiary here and expecting them to compete while they were following U.S.

China 218
article thumbnail

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

Steve Blank

Don’t share the details of your manufacturing process with customers until you’ve locked up your intellectual property.” Government Regulations I turned to the class and said, “The rest of you can keep building your company and shipping your product because you don’t need to worry about government regulations. Yeah, I said.

Vertical 154
article thumbnail

The End of Innocence

Steve Blank

His wife, about my age, could have been a poster child for the stereotypical California hippie surfer, with politics that matched her style – antiwar, anti government, antiestablishment. But it was a bit incongruous to hear her get wound up and rail against our government and the very people we were all working for.

article thumbnail

Top 57 Online Startups Meets Technology Meets Product Posts for November 2010

SoCal CTO

How to Enchant Your Customer - How to Change the World , November 23, 2010 I love to do business with small businesses—in-store, online, for myself, for others, for pleasure, for work—it doesn’t matter to me. Put likable, competent and passionate people on the front line. Build Your Own Silicon Valley? What went wrong?

article thumbnail

Eureka! A New Era for Scientists and Engineers

Steve Blank

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). Yet this system isn’t perfect. – seems like another planet. Until today.

Engineer 283