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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

The cloud , open-source development tools and web 2.0 Today it’s dominated by capital efficient software, web and mobile startups whereas 10 years ago it was dominated by semiconductor and hardware startups that consumed huge amounts of capital before their first dollar in revenue. The inevitable failures then damaged returns.

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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. New, agile and adroit venture firms with new business models have emerged to deal with the reality that 1) web 2.0 But not all industries are as capital efficient as the Web or Information Technology.

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New Rules for the New Internet Bubble

Steve Blank

They taught you about customers, markets and profits. The reward for doing so was a liquidity event via an Initial Public Offering. Startups needed millions of dollars of funding just to get their first product out the door to customers. That requires building a company using Agile and Customer Development.

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Fund Raising is a Means Not an End

Steve Blank

In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit. It’s only after you have found product-market fit (value proposition – customer segment in the language of the business model canvas) that you spend like there is no tomorrow. What is an IRR?

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Fund Raising is a Means Not an End

Steve Blank

In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit. It’s only after you have found product-market fit (value proposition – customer segment in the language of the business model canvas) that you spend like there is no tomorrow. What is an IRR?

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Where is the best place to find a rockstar developer to bring it to life?

www.quora.com

" Web Development Startups Solo Founders I am a creative guy with a startup idea. Where is the best place to find a rockstar developer to bring it to life? " => I have not bothered to put up a landing page, survey to test customer demand, or done any customer development whatsoever.

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Startup Resources

www.vccafe.com

Amazon Web Services. Steve Blank on Lean Customer Development. Web Tools: Hereâ??s We have an iOS SDK as well, for web-web, mobile-mobile, web-mobile video chat and video messaging. We have an iOS SDK as well, for web-web, mobile-mobile, web-mobile video chat and video messaging.