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New Rules for the New Internet Bubble

Steve Blank

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. They taught you about customers, markets and profits. The reward for doing so was a liquidity event via an Initial Public Offering.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Number of Venture Backed Liquidity Events 1991-2000. Number of Venture Backed Liquidity Events 2000-2010. In either case Customer Development provides entrepreneurs with a methodology for being capital efficient. During the decade between 1991 and 2000, nearly 2000 venture backed companies went public.

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Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. Seed Stage Valuation Guide. Customer Development. valuations. Read post Why Learning should be your top 2013 new year’s resolution  for a full list. Codeacademy. Lean Methodology Sources. Steve Blank. SW Courses. Part 1- Intro. Part 2- 3 tools for startups.