Remove Customer Development Remove Portfolio Remove Silicon Valley Remove Venture Capital
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

These four developments, while important to Silicon Valley, are vital to developing regional tech clusters. While the density of Silicon Valley startups can’t be replicated in regions, the barriers of money and resources have disappeared. Why Valley Rules Don’t Work in Regional Economies.

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” It’s an impressive portfolio.

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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

In the next few posts that follow, I’ll describe more specifically how this model distorts startup sales, marketing and business development. Venture portfolio companies don’t succeed because they used the Product Development model they succeeded in spite of using it.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

Examples are Hollywood for movies, Milan for fashion, New York for finance and today, Silicon Valley for technology entrepreneurship. It has become China’s Silicon Valley. Part 3, the next post describes the rise of Chinese venture capital. China Customer Development Technology Venture Capital'

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Is the Lean Startup Dead?

Steve Blank

When Netscape went public, it unleashed a frenzy from the public markets for anything related to the internet and signaled to venture investors that there were massive returns to be made investing in anything internet related. Massive liquidity awaited the first movers to the IPO’s, and that’s how they managed their portfolios.

Lean 335
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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

Examples are Hollywood for movies, Milan for fashion, New York for finance and today, Silicon Valley for technology entrepreneurship. It has become China’s Silicon Valley. Part 3, the next post describes the rise of Chinese venture capital. China Customer Development Technology Venture Capital'

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It Must Be A Marketing Problem

Steve Blank

The Customer Development process is the way startups quickly iterate and test each element of their business model , reducing customer and market risk. The first step of Customer Development is called Customer Discovery. outside the building and test them in front of customers.

Burn Rate 248