Steve Blank

JANUARY 17, 2016

We were probably a little bit arrogant in our thinking of what we could create and how we could lead developers to create these ideas that we have. The features didn’t match what ultimately the customers would buy or wanted. — Right out of college, Dave chased a dream of being rich, becoming an investment banker.

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Startup Lessons Learned

JANUARY 10, 2011

I used to call them “executioners” because their attempts to “execute” the standard general management playbook in the startup context of extreme uncertainty usually led to disaster. They have the ultimate responsibility in a venture-backed company of deciding whether to fire the founders and bring in “professional management.”

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Steve Blank

OCTOBER 29, 2009

Meanwhile on the West Coast – “The Group” 1950’s When Ampex was raising its money, in 1952, an employee of Fireman’s Fund in San Francisco, Reid Dennis , managed to put $20,000 in the deal. The limited partnership offered one way to structure an investment company. The fund would have limited life. More on this in the next post.

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