Steve Blank

JUNE 6, 2016

Innovation outposts in Silicon Valley allow big companies to sense and respond to rapid changes in technology. Evangelos Simoudis’ is the founder and managing director of Synapse Partners. His investing career started 15 years ago at Apax Partners and continued with Trident Capital. Filed under: Customer Development.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Steve Blank

OCTOBER 3, 2014

Like all great Silicon Valley companies they started with a technology and guessed who the customers will be. The Customer Development process, this relentless drive to turn hypotheses into facts is what makes this learning so rapid. By week eight they were learning who they needed to partner with (see here ).

Lean 272

Lean Silicon Valley Customer Development Incubator 272

David Teten

MARCH 28, 2012

They fund highly uncertain projects that usually operate within a very fast moving environment and within consistently shifting technological paradigms. We are particularly interested in learning how these teams are organized, their interaction patterns with portfolio companies, and the company’s perception of their value-added.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144

Steve Blank

JUNE 11, 2012

Mentors (average age ~50) are an experienced entrepreneur located near the academic institution and has experience in transiting technology out of academic labs. The NSF I-Corps Lean LaunchPad class has different goals then the same class taught in a university or incubator. The output of the NSF I-Corps class provides a proxy.).

Lean 248

Lean Incubator Business Model Georgia 248

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce.

Colombia 321

Colombia Lean Silicon Valley Coder 321

Steve Blank

DECEMBER 30, 2014

The landscape for how to turn life science and health care technologies into viable companies has changed more in the last 3 years than in the last 30. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce.

Colombia 271

Colombia Lean Silicon Valley Coder 271

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. The future of the valley was clear – microwaves.

Silicon Valley 142

Silicon Valley RSS California Government 142

David Teten

SEPTEMBER 6, 2015

She had so much insight to share that we broke the interview into two parts, 1) Corporate Venture Capital and more broadly, 2) How the Fortune 500 Can Buy, Invest and Partner with the Innovation Economy (coming soon). . It can help develop applications for the startup’s technology in its early days.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Steve Blank

JULY 2, 2015

My guests this past week on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Pete Newell , managing partner of BMNT Partners. John Kuhn , who works at BMNT Partners. military can work together – for access to advanced technology and to learn how to move with agility, speed and urgency.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Steve Blank

AUGUST 29, 2016

To promote innovation inside the NGA, they’ve staffed an Enterprise Innovation Office (EIO) to coach, educate and advise the entire agency, from core leadership to the operational edges, with methods and concepts of validated learning through rapid experimentation and customer development.

Lean 177

Lean Silicon Valley Government Acquisition 177

Steve Blank

AUGUST 29, 2016

To promote innovation inside the NGA, they’ve staffed an Enterprise Innovation Office (EIO) to coach, educate and advise the entire agency, from core leadership to the operational edges, with methods and concepts of validated learning through rapid experimentation and customer development.

Lean 177

Lean Silicon Valley Government Acquisition 177

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

MARCH 7, 2012

Yet this isn’t an incubator. We trying to teach students a methodology that combines customer development, agile development, business models and pivots. This team spoke face-to-face with 50+ end users, 3 manufacturers, 25 potential partners, 22 domain experts and surveyed an additional 115 customers.

Lean 256

Lean Business Model Agile United States 256

Steve Blank

JUNE 3, 2016

And we will build a knowledge base of DOD/IC acquisition primers, customer development best practices, org charts, etc. The combination of the Mission Model Canvas and the Customer Development process was an extremely efficient template for the students to follow – even more than we expected. What Would We Change?

Agile 120

Agile Security Audio Video 120

Steve Blank

AUGUST 5, 2010

The technologies were different, the time horizons were different, (2 to 5x longer to take a drug through FDA trials ~14 years,) and the regulatory environment was different (barely any in traditional VC investments compared to FDA trials for drugs and 510K approvals needed for medical devices.) Lean Angels.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

APRIL 11, 2013

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund.

Programming 278

Programming Technical Review SBIR China 278

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. In the DOD/IC innovation is often more technology, more planes, more aircraft carriers, more satellites, etc. Advanced Lecture – Activities, Resources and Partners.

San Diego 142

San Diego Metrics Indonesia Silicon Valley 142

Steve Blank

JANUARY 17, 2016

Clips from their interviews are below: Wayne Sutton is a partner and co-founder of BUILDUP VC , a Bay Area non-profit that connects, mentors, and educates underrepresented technology entrepreneurs. Looking to create their accelerator/incubator, Wayne and seven other founders rented a Silicon Valley house together one summer.

Silicon Valley 120

Silicon Valley North Carolina Cofounder Entrepreneur 120

Steve Blank

FEBRUARY 22, 2016

HowU Innovate provides campus-wide innovation courses, in which students are guided through the process of founding technology startups. He is also a co-founder of XediaLabs , a DC-based incubator that provides training and technical consulting to local startups. Filed under: Customer Development , SiriusXM Radio Show.

Cofounder 120

Cofounder DC Entrepreneur Silicon Valley 120

Steve Blank

APRIL 11, 2013

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund.

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We now have the tools, technology and data to take incubators and accelerators to the next level. We think we can do better.

Oakland 326

Oakland Incubator Lean Metrics 326

Both Sides of the Table

MARCH 11, 2011

I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards.

Product 350

Product Tuvalu Dilution Incubator 350

Steve Blank

JUNE 5, 2018

Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency? Some examples of innovation tools are Customer Development, Design Thinking, User-Centric Design, Business Model Canvas, Storytelling, etc. Innovators vs. Entrepreneurs.

Programming 320

Programming Incubator Leadership Silicon Valley 320

Steve Blank

DECEMBER 28, 2020

No university has said, “We should design the institution to have a bigger impact using academic work and join up with outside entities and organizations and partners to do that.” Not only the theorists but constituents for customer development, or with Main Street businesses and local constituents. Main Street.

Lean 399

Lean Community San Jose Africa 399

www.women2.org

MARCH 8, 2012

After quitting my job and starting Sorced , I spent a few months validating my business concept by creating the product mockups and doing customer development. Then, what’s missing — clearly an engineer — and why do I want a partner? Prior to Sorced, Elizabeth worked in business development at SecondMarket.

Cofounder 47

Cofounder Technical Review San Francisco Founder 47

David Teten

OCTOBER 1, 2015

You’ve got a great idea and domain expertise, but limited money and insufficient technology resources. Should you co-found your company with a software development shop? incubators, e.g., the many options in New York. incubators, e.g., the many options in New York. mentor VCs, e.g., most VCs. Rock Health).

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Steve Blank

JUNE 8, 2017

Our observation is that the DOD has more technology demos than they need, but often lack deep problem understanding. Eight teams spoke to over 800 beneficiaries, requirements writers, program managers, warfighters, legal, security, customers, etc. Each of their slide presentation follow their customer discovery journey.

Silicon Valley 182

Silicon Valley Southern California Lean San Diego 182

Up and Running

JULY 14, 2015

Peter and Jonathan discuss startup incubators, and our guest Caroline talks to us about the “F” word and 10 reasons why startups fail. Startup Incubators – (2:13). Read also: Q&A with Business Incubator Co-founder Joe Maruschak. Peter: Joe talks a little bit about this idea of incubators.

Incubator 60

Incubator Email Startup Oregon 60

news.ycombinator.com

SEPTEMBER 16, 2011

It would make a lot of sense for someone else to just come along and build our hardware and sell our software without paying for 15 people doing development and engineering, but nobody did that. At this point, I need to develop only a few more simple Web pages and the VCs will be able to see it. Now I work in the defense industry.

Stealth 41

Stealth Technical Review Startup Software Review 41

maplebutter.com

JANUARY 8, 2013

What is the best advice you can give for finding a business partner? Don’t quickly choose any business partner. what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “product development” eg new social media website project? 1) Hire A’s.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

steveblank.com

JULY 8, 2011

This video should be the gold standard in explaining contract terms. Blog/reading list from Tom Eisenmann’s class at Harvard Misc Some of the material I have created or use in my classes does not lend itself to blogs. It’s more reference material. Thus, these pages. I’ll add more as time goes on.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team? They are many more examples.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

www.vccafe.com

MARCH 11, 2013

Every startup faces multiple choices and decisions when it comes to technology. Steve Blank on Lean Customer Development. Ad Serving Technology. Mark Suster GRP Partners Advice. Incubator List/ Local Startup Resources/ Startup Q&A. List of Startup Incubators. Technology & Marketing Law Blog.

Software Review 53

Software Review Technical Review Startup 53