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Why Companies are Not Startups

Steve Blank

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency.

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Helping startups hit a home run, VC Style

David Teten

Based on a range of sources, we believe that most funds with well-developed Portfolio Operator models have top-quartile returns (typically above 20% IRR in the relevant time periods). What are some other ways that VCs can help their startups? VC at around $20b a year.

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Fund Raising is a Means Not an End

Steve Blank

———– One of my ex students came out to the ranch to give me an update on his startup. It all starts with understanding what a startup is. What’s a Startup? Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model. Why small amounts?

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Fund Raising is a Means Not an End

Steve Blank

———– One of my ex students came out to the ranch to give me an update on his startup. It all starts with understanding what a startup is. What’s a Startup? Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model. Why small amounts?