Steve Blank

MARCH 31, 2014

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. For example, Coke added snack foods, which could be distributed through its existing distribution channels.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JULY 19, 2010

I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. The fallacy is believing that a founders value is evenly distributed over four years. More often than not the founding CEO leaves the company. We now have three decades of experience that says otherwise.

Vesting 251

Vesting Liquidity Event Venture Capital Founder Vesting 251

Steve Blank

SEPTEMBER 14, 2009

3) invest in and take equity stakes in exchange for capital. Each VC firm/partner has a different spin on what to weigh more.) 4) help nurture and grow the companies they invest in. 5) liquidate their investment in each company at the highest possible price.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

DECEMBER 3, 2009

In the end, the CEO couldn’t get his board to give us the cash in exchange for the Japanese distribution rights and some equity. (I’m sure when he got back to the office he was handing out a personalized knife to the executive on his staff who had borrowed my slide.) We ended up raising money from Sega.

Silicon Valley 149

Silicon Valley RSS Startup California 149

Steve Blank

FEBRUARY 26, 2020

These elements of the business model– revenue (pricing, pricing strategy), distribution channel, How to Get/Keep/Grow customers, Key Activities, Resources and Costs – are other, critical parts your start up needs to understand and have in place. But great product and eager customers are just part of what makes a great business.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Steve Blank

MAY 3, 2022

The government buys and distributes commercial images from startups to supplement their own and shares them with Ukraine as part of a broader intelligence-sharing arrangement that the head of Defense Intelligence Agency described as “ revolutionary.” Today, commercial companies have their own satellites providing unclassified imagery.

Ukraine 277

Ukraine China Private Equity Russia 277