article thumbnail

Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. In the middle of the Vietnam War, student riots protesting military research forced the end of classified work on most college campuses.

article thumbnail

Southeast Asia Startup Ecosystem Continues to Prosper Post-Pandemic

ReadWriteStart

As per a report by Google, Temasek Holdings, and Bain & Company, as many as 40 million people in six countries across the region — Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and Thailand — came online for the first time in 2020. Venture capital (VC) investment is the primary funding source for regional startups.

Asia 171
Insiders

Sign Up for our Newsletter

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

article thumbnail

China – The Sleeper Awakens (Part 1 of 5)

Steve Blank

China has embraced state capitalism in a way Wall Street can only dream about. Startups, Venture Capital and the Communist Party: how did this happen in China? Its Second Artillery Corps not only controls China’s ICBMs, but also its short range missiles pointed at Taiwan, Vietnam, Philippines, and U.S. Like the U.S.

China 320
article thumbnail

China – The Sleeper Awakens (Part 1 of 5)

Steve Blank

China has embraced state capitalism in a way Wall Street can only dream about. Startups, Venture Capital and the Communist Party: how did this happen in China? Its Second Artillery Corps not only controls China’s ICBMs, but also its short range missiles pointed at Taiwan, Vietnam, Philippines, and U.S. Like the U.S.

China 212
article thumbnail

Philadelphia University Commencement Speech – May 15th 2011

Steve Blank

In the early 1970’s, as some of you might remember, our country was in the middle of the Vietnam War—-and the Air Force was happy to have me. My job was to replace failed electronic warfare equipment in fighter planes as they returned from bombing missions over North Vietnam. We let our customers, our investors, and our employees down.

article thumbnail

Story Behind “The Secret History” Part III: The Most Important.

Steve Blank

If you are a practitioner of Customer Development, ESL was doing it before most us were born. By 1961 its customers now included our intelligence agencies. There were no venture investors. The “customers’” contracts funded the company. The “customers” in Washington had never seen anything like it.

article thumbnail

Thirty-Six Years Later

Steve Blank

Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)