Steve Blank

JULY 7, 2009

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building.

Customer Development 127

Customer Development Developer Silicon Valley Customer 127

Startup Lessons Learned

JULY 29, 2009

Lessons Learned by Eric Ries Wednesday, July 29, 2009 Embrace technical debt Financial debt plays an important and positive role in our economy under normal conditions. Technical debt works the same way, and has the same perils. I won’t pretend that there aren’t teams that take on technical debt for bad reasons.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Steve Blank

APRIL 11, 2013

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Innovation Clusters.

Programming 175

Programming Technical Review SBIR China 175

Steve Blank

AUGUST 21, 2013

In the real world a big pivot in life sciences far down the road of development is a very bad sign due to huge sunk costs. Other pivots involved moving from a platform technology to become a product supplier, moving from a therapeutic drug to a diagnostic or moving from a device that required a PMA to one that required a 510(k).

SBIR 318

SBIR Technical Review Lean Startup 318

David Teten

SEPTEMBER 6, 2018

Another critical design consideration is your tech stack. HOF Capital has stitched together our workflow across Google Suite , Slack , Airtable , Asana , Copper , and some other tools (leveraging Zapier for basic 3rd party integration, in addition to custom development for certain other integrations). 6) Due diligence.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

SEPTEMBER 6, 2018

Another critical design consideration is your tech stack. HOF Capital has stitched together our workflow across Google Suite , Slack , Airtable , Asana , Copper , and some other tools (leveraging Zapier for basic 3rd party integration, in addition to custom development for certain other integrations). 6) Due diligence.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Part 3: Engineering a Regional Tech Cluster. Tech investing is risky. ——-.

Early Stage 290

Early Stage Silicon Valley Oregon Technical Review 290

The Startup Magazine

DECEMBER 17, 2021

Additionally, technological innovations are surging in response to world events , creating swathes of headlines online. Finding your voice as a software developer in the middle of all this can be tough, and so can making sure that others hear it. The media will often publish listicles of their favorite tech offerings.

Software Developers 180

Software Developers Software Development Reputation Software Review 180

ConversionXL

SEPTEMBER 6, 2013

This is a customer development problem. By the end of this article, you should have a better understanding of how to develop new products or tweak your existing offerings by working with existing or prospective customers to incorporate their feedback to create viable solutions to their problems, and clearly communicate their value.

Customer Development 126

Customer Development Conversion Developer Customer 126

YoungUpstarts

APRIL 21, 2013

Such direct experiences allows one to test critical “leap-of-faith” assumptions about what customers like and dislike. Customer development (the understanding of customer needs) must be married to agile development (a process which drives waste out of product development).

Lean 193

Lean Technical Review North America Startup 193

Steve Blank

DECEMBER 21, 2013

In the talk I reviewed the basic components of the Lean Startup and described how we teach it. 15:22 NASA and Technology Readiness Level (TRL). Startup Tools here Filed under: Customer Development , Lean LaunchPad , Teaching , Venture Capital. Customer Development Lean LaunchPad Teaching Venture Capital'

Video 284

Video Oakland Venture Capital Lean 284

Startup Lessons Learned

SEPTEMBER 30, 2008

What does your Chief Technology Officer do all day? Often times, it seems like people are thinking its synonymous with "that guy who gets paid to sit in the corner and think technical deep thoughts" or "that guy who gets to swoop in a rearrange my project at the last minute on a whim." But along the way, something strange happened.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Steve Blank

APRIL 5, 2017

For example, to outflank a competitor who had faster products, Intel moved the conversation about microprocessors away from speed and technology to create a valued brand. Both Apple and Intel were selling complicated technology but did so by simplifying the message so it had broad emotional appeal. Pick the media they said they read.

Marketing 315

Marketing Audience Technical Review PR 315

Steve Blank

SEPTEMBER 17, 2013

In 2007, I graduated United States Air Force Academy as a computer engineer and entered the Air Force’s acquisition corps , excited and confident about my ability to bring technology to bear for our airmen. I was their technical man on the inside – making sure big defense contractors delivered on their promises.

Lean 267

Lean Technical Review Acquisition Software Review 267

Steve Blank

OCTOBER 15, 2019

This article previously appeared in the Harvard Business Review. Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. The type of disruption most companies and government agencies are facing is a once-in-every-few-centuries event. Between a Rock and A Hard Place.

Government 319

Government Technical Review Acquisition Metrics 319

Steve Blank

JUNE 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? This would seem to be a fatal stake through the heart of the class.

Lean 410

Lean Security Asia SBIR 410

Steve Blank

JANUARY 30, 2013

Since there weren’t corporate resource for further evaluation, (one of our programs’ constraints was not to create new permanent infrastructures for implementation,) we had no choice but to assign the idea to a business unit and ask them to perform due diligence the best they could. (By

Programming 269

Programming Technical Review Incubator Intellectual Property 269

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Then the cycle repeats with a new set of technologies.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

JANUARY 15, 2017

And finally this bill acknowledges that networks of entrepreneurs and mentors are critical in getting technologies translated from the lab to the marketplace. It resolved partisan differences over how NSF should conduct peer review and manage research. Reauthorization bills don’t fund an agency, but they provide policy guidance.

Lean 262

Lean Technical Review Government Programming 262

David Teten

SEPTEMBER 23, 2017

VCs tout themselves as frontier technology investors, but most are using the same infrastructure tools they have used for the past 20+ years: Excel and recent college grads searching Google. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

conversionxl.com

SEPTEMBER 10, 2013

It’s Not a Conversion Problem, It’s a Customer Development Problem. This is a customer development problem. So What is Customer Development? The core idea behind customer development is that the assumptions you make about a target market are only guesses. Website Analysis.

Customer Development 60

Customer Development Conversion Developer Customer 60

Steve Blank

SEPTEMBER 23, 2010

Fairchild, the first successful semiconductor company in the valley, was founded on two technical innovations: manufacturing transistors out of Silicon instead of the then conventional Germanium, and using a diffusion manufacturing process which enabled the production of silicon mesa transistors in batches on assembly line.

Silicon Valley 242

Silicon Valley Technical Review Spain Engineer 242

The Startup Magazine

SEPTEMBER 22, 2020

This change has presented a challenge for the news and media companies to adopt digital technologies for their business operations. However, these technological developments have also presented a special opportunity for companies to understand what their customers need and how they interact with their businesses.

API 149

API Media Agile Technical Review 149

Steve Blank

AUGUST 29, 2011

More than 90% of startups fail, due primarily to self-destruction rather than competition. After 50 years of technology entrepreneurship it’s still an art. 74% of high growth Internet startups fail due to premature scaling. Simply put, while we now have some good theory , we just are not very good at creating startups yet.

Software Review 296

Software Review Early Stage Technical Review Startup 296

Steve Blank

NOVEMBER 24, 2010

The United States is now a debtor nation to China and that the bill is about to come due. This doesn’t mean just more technology stuff, though we’ll get that. Over the last half a century, Silicon Valley has grown into the leading technology and innovation cluster for the United States and the world.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

YoungUpstarts

SEPTEMBER 4, 2016

Suppliers also have machinery and technology issues to contend with as they create customized products. Transportation partners play an enormous role in the supply chain as they bring products into distribution centers and sometimes directly to customers. Develop Relationships with Supply Chain Partners.

Management 145

Management Forecast Los Angeles San Francisco 145

Both Sides of the Table

NOVEMBER 1, 2009

some came from our customer service, some were to improve performance / scalability from tech ops, some were bug fixes, etc.) They attended property management association meetings in Oregon outside of the technology echo chamber of California to get a sense for people’s daily problems. I rarely see the tech team do this.

Customer 280

Customer Technical Review Software Review Mexico 280

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Tech acquisitions went crazy at the same time the IPO market did. 3) invest in and take equity stakes in exchange for capital.

Silicon Valley 233

Silicon Valley IPO Technical Review Venture Capital 233

David Teten

APRIL 1, 2021

I recommend building a strong internal tech stack, to handle the deluge of requests for help you’ll get from companies as you scale. For technology vendors and models, see Venture capitalists eating our own dog food: Using technology and analytics to make better investments. . Customer Development.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Rob Go

SEPTEMBER 9, 2013

Summer is always the time when large numbers of new participants in the tech ecosystem arrive and start to get their bearings. It’s also surprisingly difficult for students to get plugged-in to everything that is happening in the local tech ecosystem. Greenhorn Connect: Excellent collection of BOS tech events and resources.

Boston 71

Boston Technical Review Community Cofounder 71

Steve Blank

JUNE 19, 2014

Over the last two and a half years the National Science Foundation I-Corps has taught over 300 teams of scientists how to commercialize their technology and how to fail less, increasing their odds for commercial success. Application are due by August 7th (details are here.). They cannot be done by proxies.

Lean 273

Lean SBIR Intellectual Property Customer Development 273

YoungUpstarts

SEPTEMBER 4, 2014

Because of increased competition, changing customer expectations and innovative technology breakthroughs, the introduction of new equipment/merchandise, or updated versions of existing merchandise, can help drive sales and differentiate your business. Introduce New Merchandise As It Becomes Available.

Customer 168

Customer PPC Software Review Finance 168

Steve Blank

OCTOBER 10, 2011

I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. 50% the fault of a Nokia management that didn’t see it coming, while 50% was due to brilliant Apple execution.) Thanks to Kristo Ovaska and team for the fabulous logistics!) Note to Finland – lighten up.

Finland 330

Finland Naming Russia Government 330

Up and Running

MARCH 21, 2018

Even more so than pricing, reviews and location proximity. These don’t require coding skills—they’re usually visual templates that are easy to use but don’t allow for great customization (that would require technical skills). Custom development. This can require some technical knowledge. WordPress DIY.

Entrepreneur 107

Entrepreneur Technical Review Hosting SEO 107

Steve Blank

JUNE 3, 2010

Over time, innovations outside the company (demographic, cultural, new technologies, etc.) The company loses customers, then revenues and profits decline and it eventually gets acquired or goes out of business. valued by their existing customers – fairly well. F urther Reading : Harvard Business Review Articles.

Search 248

Search Agile Customer Development Technical Review 248

Steve Blank

MARCH 19, 2009

When I went through their financials as part of my due diligence I realized that if they ditched their low margin disk drive products, it wouldn’t take much to make them a profitable company. They had an existing distribution channel and their dealers and customers thought they knew who the company was and what it stood for.

Silicon Valley 161

Silicon Valley Software Review Technical Review RSS 161

Both Sides of the Table

JUNE 8, 2010

We’re here for Greycroft’s CEO Summit – a gathering of the CEO’s of their portfolio companies with guest speakers covering topics including how to build your team, PR, customer development, etc. It is the key to “customer development” that Steve Blank talks about. I’m going to save that for a future blog post.

PR 279

PR Technical Review Portfolio Customer Development 279