Remove Customer Development Remove Lean Remove Merger Remove Venture Capital
article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. 2001 – 2010: Back to Basics: The Lean Startup. During the the Lean Startup era, the advice was clear; focus on building the company and avoid hype.

Internet 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How I Spent My Summer Vacation

Steve Blank

Instead of ghost stories they were the first to hear the ideas of what would become Customer Development. One of those students, Shawn Carolan , is now a partner at Menlo Ventures. He became the first venture investor and “present at the creation.” He became the first venture investor and “present at the creation.”

article thumbnail

Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

Filed under: Customer Development , Family/Career , Technology | Tagged: Steve Blank , Entrepreneurs , Tips for Startups « Am I a Founder? Reply mikev , on June 15, 2009 at 12:03 pm Said: What happened to Convergent Technologies work ethic and business ethics after the merger with Unisis? Reply Michael F.

article thumbnail

The Leading Cause of Startup Death – Part 1: The Product.

Steve Blank

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

article thumbnail

Rocket Science 3: Hollywood Meets Silicon Valley « Steve Blank

Steve Blank

My partner had convinced several major Hollywood names that this was the inevitable consequence of the merger of Hollywood and Silicon Valley. Don’t confuse your passion for your tools with why your customers will buy your product. We believed that by putting full motion video (i.e. And at the time it was a plausible scenario.)

article thumbnail

From Nothing To Something. How To Get There.

techcrunch.com

The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. link] Closer To The Ideal » Blog Archive » Meebo CEO Seth Sternberg says don’t take venture capital money [.] link] The Best Programming Language for a Lean Startup [.]