Steve Blank

APRIL 12, 2013

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors.

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Venture Capital China Offshore SBIR 163

Steve Blank

AUGUST 13, 2009

Customer Development/Lean Startups In hindsight startups and the venture capital community left out the most important first step any startup ought to be doing – hypothesis testing in front of customers- from day one. It’s what my textbook on Customer Development describes. I was an idiot.

Silicon Valley 179

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Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. Entrepreneurship in Beijing.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

APRIL 6, 2009

Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in Silicon Valley working for my first company: ESL. If you are a practitioner of Customer Development, ESL was doing it before most us were born. Fred Terman Sent Us In 1953 the U.S.

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Silicon Valley Stealth RSS California 171

Steve Blank

APRIL 10, 2013

Summary: I’ve lived in Silicon Valley for 35 years, I’ve taught in entrepreneurial clusters in New York, Boston, Helsinki, Santiago Chile, St. Each of these clusters has wondered how to become the next Silicon Valley. China has embraced state capitalism in a way Wall Street can only dream about. Lessons Learned.

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China Taiwan Silicon Valley Guam 315

Steve Blank

AUGUST 3, 2009

If you read only one previous post, read this one (or this one.) ————- The Birth of Entrepreneurship in The Hot Cold War Silicon Valley entrepreneurship was born in the middle of a secret war with the Soviet Union. military, the CIA and the National Security Agency. Meanwhile the U.S.

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Silicon Valley RSS Europe Germany 153

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

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Engineer Silicon Valley United States Venture Capital 305

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?

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Community Silicon Valley Detroit Chicago 350

Steve Blank

APRIL 10, 2013

Summary: I’ve lived in Silicon Valley for 35 years, I’ve taught in entrepreneurial clusters in New York, Boston, Helsinki, Santiago Chile, St. Each of these clusters has wondered how to become the next Silicon Valley. China has embraced state capitalism in a way Wall Street can only dream about. Lessons Learned.

China 207

China Taiwan Silicon Valley Guam 207

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.

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Lean Internet Silicon Valley Venture Capital 258

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. It’s time to ask why startup board governance has failed to keep pace with innovation. Silicon Valley, New York). The process they use to guide their search is customer development. Victor Hugo.

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Silicon Valley Business Model Early Stage Venture Capital 281

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

AUGUST 14, 2009

Something you can appreciate if you’ve read my class text on Customer Development.) Steve Blanks 30 years of Silicon Valley startup advice. Those of you with a reader still have it.) (Those of you with a reader still have it.) It was a rough draft you’ll see again when I can finish complete sentences.

Silicon Valley 120

Silicon Valley Government RSS California 120

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

JULY 28, 2011

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). Filed under: Lean LaunchPad , Teaching , Venture Capital.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

JANUARY 6, 2011

Second, to share how my how my thinking about entrepreneurship as a distinct practice and how Customer Development as one of its central components has evolved over the last decade. His big payoff from this effort is the chance to put a few lines of copy about his latest venture, Clearshore, at the bottom of each podcast link email.

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Silicon Valley California Vertical Customer Development 195

Steve Blank

DECEMBER 30, 2014

Key stakeholders in the broader healthcare ecosystem will be co-located under one roof: entrepreneurs, universities, established companies and strategic partners, providers, payers, hospitals, service providers, associations, advocacy groups, government and more. It Takes a Village. It has density,” he said.

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San Diego North Carolina Chicago Lean 261

Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. It has become China’s Silicon Valley. Venture Guiding Fund. – The Torch Program.

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Programming Technical Review SBIR China 278

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

ReadWriteStart

AUGUST 1, 2011

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). It provides private funds for untested and unproven technology and entrepreneurs.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. Peter described the first company in which “Hollywood meets Silicon Valley” and we were enthralled.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. It has become China’s Silicon Valley. Venture Guiding Fund. – The Torch Program.

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

MAY 16, 2016

Why Innovation in Government Is Hard. Note that they plan a trip to San Diego to visit the customer. With a great assist from the State Departments innovation outpost in Silicon Valley.) Examples are a company-owned manufacturing facility, big data or machine learning engineers, DOD proposal writers, venture capital, etc.

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San Diego Metrics Indonesia Silicon Valley 142

ReadWriteStart

FEBRUARY 17, 2011

Well, it turns out that to port long tail productivity apps to Google's App Engine is a somewhat cumbersome job, and requires a lot of custom development. The long tail apps can easily be ported to or developed on Google App Engine in a third of the time and cost using OrangeScape as an application platform. Enter OrangeScape.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

Steve Blank

AUGUST 24, 2009

The quintessential California couple, they stood out in our crowd as the engineer (in his late 20′s, respected by his peers and the customer) had hair down to his shoulders, sharply contrasting with the military crewcuts of the customers and most of the other contractors. Customers walk, patients sue, and people vote.

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Silicon Valley PR Technical Review RSS 184

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.

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Technical Review Technology Product CTO Hire 175

Steve Blank

OCTOBER 26, 2009

This is the first of two posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– Building Blocks of Entrepreneurship By the mid 1950’s the groundwork for a culture and environment of entrepreneurship were taking shape on the east and west coasts of the United States.

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Steve Blank

OCTOBER 29, 2009

to spur innovation was a new government agency to fund new companies. government would invest three (up to $300,000.) And for the first time, private companies like Continental Capital, Pitch Johnson & Bill Draper and Sutter Hill were formed to take advantage of the government largesse from the SBA.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Steve Blank

MAY 26, 2009

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 149

Vertical Silicon Valley Intellectual Property RSS 149

Steve Blank

APRIL 7, 2009

From the king of customer development, Steve Blank: [.] Steve Blanks 30 years of Silicon Valley startup advice. You don’t get grades for having resiliency, curiosity, agility, resourcefulness, pattern recognition and tenacity. You just get successful. Sometimes they just drop out and do their own thing. Order Here.

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Silicon Valley RSS California Customer Development 327

Steve Blank

JULY 23, 2009

government kept up the pace. Hundreds of thousands of people worked on developing strategic weapons, bombers, our ICBM and SLBM missile programs, and the Apollo moon program. Steve Blanks 30 years of Silicon Valley startup advice. From a standing start in 1942 the U.S. During the cold war, the U.S. Order Here.

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Silicon Valley RSS California Chad 121

SoCal CTO

JANUARY 5, 2011

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley? First Principles.

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Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

NOVEMBER 24, 2010

Over the last half a century, Silicon Valley has grown into the leading technology and innovation cluster for the United States and the world. the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies.

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Silicon Valley United States Venture Capital Software Review 335

Steve Blank

MAY 9, 2017

I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley – to Defense Valley – to Silicon Valley to Internet Valley. So how did this happen? Where is it going?

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Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

APRIL 15, 2009

The reality is that independent electric vehicle startups will win over time (closer to the customer, more agile, etc.) As part of this spin out I’d make sure the Government also supports the nascent U.S. As I said, I am far from an expert in the auto industry, government bailouts or other related big “businesses”. Order Here.

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Silicon Valley Open Source RSS California 120

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.

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Silicon Valley Entrepreneur Washington Government 120