Remove Customer Development Remove Later Stage Remove Revenue Remove Venture Capital
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Three types of regional venture funds exist today: Regionally located funds, such as Foundry Group in Boulder, are located outside of Silicon Valley or NY but their investments are primarily in the Valley or NY… they are not a regional fund per this discussion. Large regionally based early stage funds have mostly failed.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. A number of analysts have particular focus on serving the customers of technology companies, e.g., Gartner and 451 Research. But we’re doing it slowly.

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Innovation, Change and the Rest of Your Life

Steve Blank

the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally. Venture Capital used to be a tight club clustered around formal firms located in Silicon Valley, Boston, and New York.

Restful 222
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Fund Raising is a Means Not an End

Steve Blank

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? What are revenue strategy and pricing tactics?

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Fund Raising is a Means Not an End

Steve Blank

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? What are revenue strategy and pricing tactics?

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Is Your VC Founder Friendly?

Steve Blank

What startup stage do they typically invest in? Do they “get&# Customer Development ? What Startup Stage Do they Invest In? Certain VC’s like the new class of Super-Angels and small VC funds specialize in the early stage of a startup where you are searching for a business model. Is Your VC Founder Friendly?

Founder 231
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Durant Versus Sloan – Part 1

Steve Blank

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals.