Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Lots of ideas sound exciting because people are clueless.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? What is an IRR?

Venture Capital 333

Venture Capital IRR Liquidity Event Business Model 333

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? What is an IRR?

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. I trained the Startup Weekend Next Beijing mentors and instructors, presented to several hundred entrepreneurs, and had a great fireside chat with Zhen Fund founding partner Xu Xiaoping in front of another roomful of entrepreneurs.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

AUGUST 17, 2009

Stanford had a Customer Development loop going on inside their own lab. The discoveries in tube and circuit research suggested new electronic intelligence and countermeasure techniques and systems; in turn the needs of the Applied Lab pushed tube and circuit development.

Silicon Valley 142

Silicon Valley RSS California Government 142

David Teten

OCTOBER 1, 2015

I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. mentor VCs, e.g., most VCs.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. Filed under: Lean LaunchPad , Venture Capital.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Here’s how.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. government agency that supports research in all the non-medical fields of science and engineering - is changing the startup landscape for scientists and engineers. Until today. billion U.S.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Here’s how.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. I trained the Startup Weekend Next Beijing mentors and instructors, presented to several hundred entrepreneurs, and had a great fireside chat with Zhen Fund founding partner Xu Xiaoping in front of another roomful of entrepreneurs.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Both Sides of the Table

NOVEMBER 4, 2012

I had this discussion with Steve with the camera rolling and we talked about “ The Secret History of Silicon Valley ” as place that largely grew out of defense and government spending plus research labs around the Stanford campus. 4:30 How did you come up with the idea of customer development?

Community 350

Community Silicon Valley Detroit Chicago 350

Steve Blank

JUNE 15, 2010

Do they “get&# Customer Development ? And some larger funds that specialize in later stage deals may have a partner or two who likes to invest at this stage. Do They Get Customer Development? Have they heard about Customer Development ? Is Your VC Founder Friendly? Who do they have as advisors?

Founder 231

Founder Vesting Later Stage Early Stage 231

Steve Blank

DECEMBER 30, 2014

However, one of the bottlenecks in actually doing Customer Discovery for medical devices/health care is testing how minimal viable products work in-context. Testing hypotheses with doctors, patients, payers, providers, purchasing departments, strategic partners is hard. It Takes a Village.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

OCTOBER 26, 2009

Yet one of the most remarkable things about the boom in microwave and silicon startups occurring in the 1950’s and 60’s was that it was done without venture capital. These technology startups had no risk capital – just customers/purchase orders from government/military/intelligence agencies. There was none.

Silicon Valley 159

Silicon Valley Securities and Exchange Commission Venture Capital RSS 159

Steve Blank

MAY 30, 2016

government has embraced Lean methodologies to reinvigorate its innovation efforts was the focus of the latest episode of my SiriusXM radio show, Entrepreneurs are Everywhere. He offered context for the government’s innovation efforts: The Federal Government plays a critical role in innovation in our country and has throughout our history.

Silicon Valley 120

Silicon Valley Entrepreneur Washington Government 120

Steve Blank

OCTOBER 29, 2009

The Group is worth noting for: Investing their own private money, Reid Dennis would found Institutional Venture Partners in 1974 First group specifically investing in the valley’s electronics industry SBIC Act of 1958 During the cold war the launch of Sputnik-1 by the Soviet Union in 1957 both traumatized and galvanized the United States.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Steve Blank

MAY 16, 2016

This week teams figured out how to measure mission achievement and success, and our advanced lectures were on activities, resources and partners. Why Innovation in Government Is Hard. Advanced Lecture – Activities, Resources and Partners. Pete Newell presented the advanced lecture on Activities, Resources and Partners.

San Diego 142

San Diego Metrics Indonesia Silicon Valley 142

ReadWriteStart

AUGUST 1, 2011

The combination of venture capital and technology entrepreneurship is one of the great business inventions of the last 50 years. Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany."

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Here's how.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

SoCal CTO

DECEMBER 1, 2010

Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years. Competing To Win Deals - A VC : Venture Capital and Technology , November 7, 2010 The venture capital business is highly competitive.

Technical Review 175

Technical Review Technology Product CTO Hire 175