Both Sides of the Table

FEBRUARY 12, 2019

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture.

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. Evangelizing Customer Development in Japan.

Japan 292

Japan Customer Development Developer Customer 292

Steve Blank

SEPTEMBER 5, 2018

Their idea is that consumers will want a subscription service for short form entertainment (10-minute programs) for mobile rather than full length movies. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings.

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

DECEMBER 15, 2022

This allows the studio to develop processes, well-organized development teams, and growth plans. Over time, this revenue reduces the dependency on outside venture capital sources. Outside project work for clients helps to assemble talented development teams. There are many different types of startup studios.

Incubator 188

Incubator Startup Software Developers Software Development 188

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

YoungUpstarts

MARCH 4, 2020

They aren’t operating on big bankrolls of venture capital (at least initially), and they don’t have trust funds to fall back on if the business fails. Programming a piece of software, for example, is different from taking a sales meeting with the CEO of a credit union. If they don’t come through, who will?

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

Steve Blank

OCTOBER 7, 2011

—— I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. Startup Accelerators: Startup Sauna and Vigo which includes Lifeline Ventures , KoppiCatch , and Veturi. 9-to-5 Venture Capital. Startup Blog: Arctic Startup.

Finland 324

Finland Venture Capital Government Russia 324

David Teten

JUNE 25, 2012

I’m looking for an entrepreneur to start a company to provide this product, or a development shop which wants to bid on this project. After some (intern) hours searching for a program that eases this transition, I have to admit that there doesn’t seem to be a satisfactory market solution. I have a great idea for a product.

Developer 144

Developer Venture Capital Startup Valuation 144

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The previous post described how the Torch program built China’s innovation clusters. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem.

Venture Capital 271

Venture Capital China Offshore SBIR 271

This is going to be BIG.

JANUARY 2, 2011

In today’s world, one of the bottlenecks we have to innovation is the lack of software development talent. This is particularly acute in New York City, where you have several industries undergoing serious disruption, a critical mass of creativity from the cross pollination of ideas, and lots of capital.

Developer 117

Developer New York City Java Ruby 117

Startup Professionals Musings

SEPTEMBER 7, 2018

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. through Grants.gov , an online directory of more than 1,000 federal grant programs that don’t look for equity or payback. Also, it’s important that you understand just how the SBIR program works.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

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

Startup Professionals Musings

MAY 29, 2021

Product research and prototype development. The professors know how to get grants to fund development for you in strategic focus areas, like biotech, that would otherwise cost you many thousands of dollars. Collaborative efforts with local companies, like Siemens Venture Capital, are available for certain technology and focus areas.

Arizona 432

Arizona Phoenix Intellectual Property Incubator 432

David Teten

JUNE 25, 2012

I’m looking for an entrepreneur to start a company to provide this product, or a development shop which wants to bid on this project. After some (intern) hours searching for a program that eases this transition, I have to admit that there doesn’t seem to be a satisfactory market solution. I have a great idea for a product.

Developer 114

Developer Venture Capital Startup Valuation 114

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

ReadWriteStart

FEBRUARY 19, 2020

In 2018, venture capital investments in Latin America doubled for the second consecutive year, according to LAVCA’s Annual Review of Tech Investment in Latin America. The company fosters development by promoting strategic international relations and foreign investment in the city. Market size. Increased foreign investment.

Colombia 146

Colombia America Technical Review Startup 146

YoungUpstarts

AUGUST 17, 2020

Many companies seek angel investors, venture capital and even family and friends’ money when they’re planning to start a company. Take into consideration: a financial forecast will help you develop operational plans that will ultimately help make your business a success. .

Finance 217

Finance Forecast Balance Sheet Angel Investor 217

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The previous post described how the Torch program built China’s innovation clusters. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem.

Venture Capital 163

Venture Capital China Offshore SBIR 163

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

JUNE 27, 2013

And we chose to locate ourselves 3 blocks East of The Third Street Promenade where much new development is taking place. Perhaps the biggest piece of new news is that after 17 years of operations we’ve changed our name from GRP Partners to Upfront Ventures. What’s up with that? Upfront seemed to fit the bill.

Los Angeles 343

Los Angeles Las Vegas San Francisco Baltimore 343

Hunter Walker

DECEMBER 11, 2023

Originally backed by venture capital, in 2021 Daniel worked with TPG , a large private equity firm, to make them the majority investor. As I sat there I was overhearing the secretaries complain about this new computer program they had (WordPerfect, my guess is it was 5.1 for DOS), which they were struggling to use.

Private Equity 78

Private Equity Equity DC Leveraged Buyout 78

Both Sides of the Table

DECEMBER 14, 2016

Today is amongst the proudest days I’ve had at Upfront Ventures — getting the chance to announce that Kevin Zhang has been promoted to Partner. Watching him develop over the past 4.5 years at Upfront has been both a pleasure and also has taught me a lot about venture capital. Kevin joined Upfront in 2012 as an Associate.

Partner 150

Partner South Korea Venture Capital Europe 150

YoungUpstarts

OCTOBER 22, 2018

We weren’t winning or losing business to other developers, rather it generally came down to three options: Buy – the client saw the value in our platform and they subscribed to our cloud. The decision on whether to purchase or develop the innovative applications that your firm needs to compete has changed dramatically with cloud solutions.

Iowa 113

Iowa Investment Bankers Cloud Software Review 113

Steve Blank

OCTOBER 10, 2011

I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. The country needs to figure out a long term privatization strategy for Venture investing. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital.

Finland 324

Finland Naming Russia Government 324

The Startup Magazine

MAY 16, 2018

6:30pm – 7:45pm – Speaker program. He is also an Executive Producer and Creative Director of the DECODED Show , the documentary web series led by Microsoft Chief Geek, John Shewchuk – CTO for the Microsoft Developer Platform. AGENDA: 5:45pm – 6:30pm – Networking reception. 7:45pm – 8:15pm – General networking.

Silicon Valley 97

Silicon Valley Wiki Technical Review Seattle 97

Both Sides of the Table

SEPTEMBER 27, 2012

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. But I would point out that these days there are really talented tech developers & teams everywhere. Here are mine: 1.

Community 378

Community San Diego Silicon Valley Los Angeles 378

Steve Blank

DECEMBER 20, 2011

In July I got a call from Errol Arkilic , a program manager at the National Science Foundation (NSF), the $6.8-billion We’ve been reading your blog about your Lean Launchpad class.” The I-Corps Incubator Program. We taught them the business model / customer development / agile development solution stack. billion U.S.

Incubator 301

Incubator Government Silicon Valley Lean 301

crowdSPRING Blog

NOVEMBER 8, 2018

Boulder’s entrepreneurial system is bolstered by a number of local venture capital firms, including Foundry Group. With its concentrated mix of start-ups, established businesses, and venture capital, Boulder has all of the elements to fuel sustainable economic growth. Las Vegas, NV.

United States 113

United States Las Vegas San Francisco Denver 113

Up and Running

AUGUST 18, 2014

In comparison to traditional business ventures, startups are expected to grow rapidly, at a rate of between 5% and 7% per week in their initial stage – Paul Graham, co-founder of Y Combinator. The interesting thing about venture capital is that those providing it tend to have a more active role in whatever company they are backing.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

YoungUpstarts

APRIL 7, 2016

Sure, companies in the Bay Area – particularly Silicon Valley and San Francisco – consistently receive the highest percentage of venture money nationwide. But a slowdown in venture capital financing and questions about a technology bubble have led to many entrepreneurs and startups considering other avenues for growth.

Canada 100

Canada Silicon Valley San Francisco Technical Cofounder 100

ReadWriteStart

OCTOBER 13, 2011

I was invited to Finland as part of Stanford's Engineering Technology Venture Program partnership with Aalto University. Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany."

Finland 158

Finland Venture Capital Government Russia 158

Version One Ventures

SEPTEMBER 3, 2013

Through these experiences, I discovered my passion for leadership development and championed it into University of Toronto Engineering in two ways: a program that equips graduate students with leadership theory and practice, and what is now an institute for leadership education in engineering – the first of its kind in Canada.

Venture Capital 144

Venture Capital San Jose San Francisco Bankruptcy 144

Pascal's View

SEPTEMBER 5, 2010

My contributions to this undergraduate textbook, Venture Capital: Theory & Practice , are the result of two important collaborations. Venture Capital started in China in 1985, when the first government-sponsored venture capital firm was established. Venture Capital is a popular buzzword in China.

Venture Capital 44

Venture Capital China Technical Review Due Diligence 44

YoungUpstarts

FEBRUARY 5, 2013

Written by David Shelters , managing director of Bangkok, Thailand-based investment banking and financial advisory firm Karon Business Consulting, the book should be an eye-opener for aspiring and new technology entrepreneurs and can help you navigate the dangerous waters known as venture capital.

Technical Review 164

Technical Review Private Equity Thailand Incubator 164

Austin Startup

AUGUST 2, 2018

In the venture capital world, it’s similarly staggering, with 4.2% of deal-making partners in venture capital and 3% of venture-backed company CEOs being women.” - Letter from the Founding General Partner, 09/1/2015. Currently, they’ve raised $19.1m for their fund, and plan to invest in 12 companies.

Austin 57

Austin Software Review Technical Review Entrepreneur 57

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60