Steve Blank

JANUARY 22, 2014

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. The cloud , open-source development tools and web 2.0 as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Steve Blank

NOVEMBER 16, 2009

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. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

VC Cafe

JANUARY 24, 2023

“ Video games will move to the center of the entertainment and pop-culture universe next year” Axios, Future of media: Gaming Over the past two days, I had a chance to attend the Pocket Gamer Connects (PGC) London and meet and greet game developers, execs, studios, investors and service providers to the gaming industry.

Generative AI 104

Generative AI San Francisco Technical Review Europe 104

www.geekwire.com

JULY 10, 2012

VENTURE CAPITAL. You are here: Home / Startups / Bad returns be damned: Venture capital fundraising jumps 31 percent in U.S. Bad returns be damned: Venture capital fundraising jumps 31 percent in U.S. Filed Under: Startups , Tech Tagged With: Madrona , Startups , Tech , Venture capital.

Venture Capital 42

Venture Capital Seattle Cofounder Software Engineering 42

Both Sides of the Table

JUNE 28, 2011

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

Venture Capital 334

Venture Capital Software PHP Open Source 334

Both Sides of the Table

OCTOBER 19, 2009

On December 3rd Brad Feld wrote a one paragraph blog post titled “ Raising Venture Capital &# in which he linked to my blog. The Original Post (after the jump): Venture Capital, By Mark Suster (December 2nd, 2006). I don’t plan to write the authoritative venture capital blog, just some anecdotes.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

David Teten

JANUARY 19, 2021

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

SEPTEMBER 4, 2018

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. Belief #1: The best time to invest is early.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Up and Running

NOVEMBER 15, 2017

Sedibeng’s primary market advantages are their company culture, consistent “quality” branding, traditional brew recipes, and commitment to rural distribution. Developing an efficient employee onboarding process and training program will be increasingly critical to the company’s ability to grow and manage culture. . Employee training.

Botswana 148

Botswana Business Plan Oregon Distribution 148

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Do you lack the skills needed to develop a viable product? Be ready when it counts.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

ReadWriteStart

MARCH 9, 2021

These include: Venture capital. One of the most popular choices for startup entrepreneurs is working with a venture capitalist (VC). This distributed model often makes it easier to get the funds you need, but there are a couple of logistical hurdles. First, lay out the capital requirements of your business?

Angel Investor 117

Angel Investor Equity Small Business Administration Venture Capital 117

Gust

DECEMBER 6, 2011

An experienced software engineer, for example, can develop a new mobile app with his or her own resources and market the product on the web with very little capital. There are several important sources of capital for entrepreneurs starting their businesses, depending on the stage of development of the company. 50 billion.

Angel Investor 179

Angel Investor Venture Capital Valuation Software Engineering 179

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

SiliconHills

SEPTEMBER 6, 2013

RunTitle, an online title search marketplace geared to the oil and gas industry, has landed $4 million in Series A venture capital led by Austin Ventures. The Houston-based startup also relocated to Austin as a condition of the financing.

Venture Capital 78

Venture Capital Houston Austin Distribution 78

Steve Blank

APRIL 23, 2014

Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation. In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Both Sides of the Table

AUGUST 8, 2009

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. Funding is about developing a relationship over time. They hire key staff. Neither is the norm.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

Both Sides of the Table

DECEMBER 3, 2009

This is part of my ongoing Raising Venture Capital (VC) series. When people refer to a strategic investor they are usually talking about an investor that comes from the industry you serve as opposed to an independent venture capital investor. The reality is that their core business is not venture capital.

Strategic Investors 279

Strategic Investors Venture Capital Due Diligence Early Stage 279

Steve Blank

MARCH 19, 2009

Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. The assets were a series of products already developed and on the market or in the development pipeline. The first step was to recruit a new management team.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

thebarefootvc

NOVEMBER 17, 2014

The combination of mobile technology, sensors, robotics, and data analytics will create businesses that can empower billions of people around the world through decentralized and distributed networks where the “middlemen” are no longer required.

Kenya 109

Kenya Africa United States Global 109

The Startup Magazine

JULY 1, 2022

If you are providing a service, you will need to determine how to distribute your service and whether to offer it for free or charge for it. The most common types of financing are debt financing, equity financing, and venture capital. Financing Your Startup. Equity financing is when you sell a part of your company for cash.

Technology 138

Technology Venture Capital Finance Startup 138

Steve Blank

MARCH 31, 2014

According to Schumpter, capitalism is an evolutionary process where new industries and new companies continually emerge to knock out the old. Fifty years later another Harvard professor, Clayton Christensen, developed his theory of disruptive innovation, which actually described how creative destruction worked.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

VC Cafe

APRIL 23, 2012

Venture capital and other forms of seed funding have been crucial for the development of the best online colleges. Many third-party educational organizations exist to maintain online schooling ventures, and these organizations typically receive most of their funding from venture capital firms.

Venture Capital 96

Venture Capital Michigan Seed Capital Programming 96

BeyondVC

JANUARY 3, 2019

This year was a banner year as boldstart portfolio cos raised over $150mm of follow on capital from some of the top Series A and B investors (highlights below). Some of these themes include privacy/ML, next gen CMS, intelligent automation, and developer productivity. First check leads in 5 founding teams, all in stealth.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Genuine VC

SEPTEMBER 7, 2010

In other words, for a company looking to compete across the entire marketplace in a specific industry, it must either develop a unique product offering (along the lines of brand, design, features) or more-efficiently produce the product to outcompete on price. As the venture capital space matures, I see a similar pattern emerging.

Seed Stage 191

Seed Stage Belgium Differentiation LP 191

Transformify

MARCH 14, 2020

Startup hubs like Berlin, London, New York, Los Angeles, Bangalore, Hong Kong and Singapore offered access to venture capital and vibrant start ecosystems thus attracting the brightest founders. In fact, companies in London can create remote jobs and build distributed teams in high unemployment areas in the UK, not abroad.

Hiring 98

Hiring Bulgaria Italy Spain 98

YoungUpstarts

JULY 16, 2020

If you want your business to grow faster by taking on investors and raising venture capital, you might want to switch your business entity from an LLC to a C Corporation. The C Corporation is often the best choice for companies that want to take on capital from investors or sell shares of stock.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Both Sides of the Table

SEPTEMBER 8, 2010

Once you’ve been around for a few years, attracted some great people, landed real, paying customers and raised venture capital you’ve likely got a talented team around you. But this isn’t restricted to distributed teams, multi-country environments or even large companies. We faced it when we were small.

Ireland 319

Ireland Sales Bankruptcy Germany 319

This is going to be BIG.

FEBRUARY 22, 2010

You will hire (over time) and manage a field and inside team of Sales Directors and Market Developers, including for each direct report creating and managing goals directly tied to Company goals. One thing is for certain — you must have experience dealing with large scale distributed applications. " "Hit it."

Part-Time VPE 92

Part-Time VPE CTO Hire Engineer Sales 92

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Here’s why. They build a minimum feature set.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

VC Cafe

MAY 23, 2023

As I mentioned in my post on the LLM Benchmarking , venture capital investment in AI startups was down 43% in Q1 2023. This Open LLM Leaderboard on Hugging Face is a good example of the developer excitement and engagement in this space. The company is shutting down its consumer product in early June.

Generative AI 165

Generative AI Artificial Inteligence ChatGPT API 165

Steve Blank

JANUARY 21, 2016

It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.). Filed under: Customer Development , SiriusXM Radio Show. If you can’t hear the clip, click here. I was totally a nerd. (She

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

ReadWriteStart

APRIL 4, 2023

Bridget Reed, Co-founder and VP of Content, The Word Counter Yes, but Look for Restrictions Crowdfunding is an efficient and cost-effective way to raise money to finance the development of a startup. One drawback is that crowdfunding campaigns can be time-consuming and distracting, diverting attention away from genuine business development.

Startup 141

Startup Campaign Cofounder Venture Capital 141

VC Cafe

SEPTEMBER 16, 2021

I’ve also shared my insights with Techcrunch, in “ 5 creator economy VCs see startup opportunities in monetization, discovery and much more “ As venture capital investors, one question we think about a lot at Remagine Ventures is “where are the opportunities for startups in the Creator Economy?”

Startup 207

Startup Social Media Venture Capital Audio 207

Both Sides of the Table

MAY 19, 2010

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. Read more: TechCrunch , Reg Form D , WSJ interview w/ Susan Lyne.

Partner 240

Partner New York City Cofounder Syndicate 240

David Teten

JULY 25, 2017

C ustomer Development – We have relationships with hundreds of large global corporations. This is roughly comparable to PRNewswire’s distribution service. For example, we provide direct coaching on how to pitch investors. – A site sanitizer service to ensure that potential clients can see a company’s site.

Portfolio 60

Portfolio Technical Review Private Equity Database 60

BeyondVC

JANUARY 6, 2018

Thematically our new investments include 4 targeting the “Rise of the Developer,” 3 in “Intelligent Automation,” and 1 in “Decentralized Computing;” geographically 4 are in NYC, 3 in Bay Area, and 1 in LA (more on our themes ). AYX NYSE) and init.ai , one an early investment in a data science platform and the other on NLP for developers.

Cloud 60

Cloud Cofounder Portfolio Advisory Board 60