crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! How To Choose A Market For Your Startup Or Small Business – [link]. How To Choose A Market For Your Startup Or Small Business – [link]. Want Venture Capital Funding?

Social Media 100

Social Media Small Business Central African Republic Design 100

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. Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” Time will tell. Total raised: $29.5mm.

Partner 240

Partner New York City Cofounder Syndicate 240

Steve Blank

NOVEMBER 16, 2009

And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web. Yet some startups such as Biotech don’t have market risk, instead they are dominated by technical risk.

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Customer Development Web Developer Customer 219

Up and Running

OCTOBER 30, 2017

Like, if you think your target market is people making above a certain income in south Texas, a list broker may be able to tell you how many people fit that criteria, to give you a sense of how big your target market actually is. Industry suppliers (again to get a sense of demand and for market information). Three years?

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

VC Cafe

MAY 23, 2023

More and more, established companies are leaning into generative AI by either adding generative AI features to their existing suite of tools or partnering with AI companies (mostly OpenAI or the open source HuggingFace) to launch entirely new products. There’s an interesting thing happening in the generative AI world.

Generative AI 165

Generative AI Artificial Inteligence ChatGPT API 165

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?

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Customer Development Developer Customer Silicon Valley 238

VC Cafe

SEPTEMBER 8, 2023

But builders who see AI as the driving force behind product development and GTM strategy will actually create new markets and experiences that never existed before. It’s essential to note that this figure is influenced by several massive transactions, including the $10 billion round of funding received by OpenAI.

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Generative AI ChatGPT Artificial Inteligence Cofounder 78

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.). Her first startup, Pencil You In, grew from a personal need to schedule hair appointments. If you can’t hear the clip, click here.

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Detroit Baltimore Entrepreneur Cofounder 120

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. What really constitutes product/market fit? I am no longer writing a book. Finally, really, truly, done. page proofs, and mailing (!)

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Lean Startup Metrics Private Equity 167

This is going to be BIG.

SEPTEMBER 22, 2014

12) We''re using lean startup methodology. 15) We have an agency that is going to distribute us to all the major brands, so we fully expect huge distribution and revenue in the next year. 19) And we haven''t even spent money on marketing. 12) We''re using lean startup methodology. Venture Capital & Technology'

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Venture Capital Cofounder Distribution Startup 160

Up and Running

MAY 3, 2012

From a young person’s perspective, with tight labour markets, decreasing barriers to entry, low capital-intensive business models and immediate free access to a global market, the appeal is also compelling. Eric Ries , author of The Lean Start-up , puts it best: ‘ The grim reality is that most start-ups fail.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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Lean Silicon Valley Startup RSS 244

Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. They taught you about customers, markets and profits. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit.

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Internet IPO Silicon Valley Agile 334

Steve Blank

MARCH 26, 2014

In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. However, I will then argue that while these methods are necessary to managing new ventures inside a company, they are insufficient. The internal venture must do all this, and more!

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Startup Business Model Lean Russia 327

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. And the Lean LaunchPad class I developed at Stanford was the first such class. I believe the analogy is identical for entrepreneurship.The capstone entrepreneurship classes like NSF I-Corps or a Lean LaunchPad class, are for those who have already decided they want to be entrepreneurs.

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Incubator Lean Programming Government 331

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

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Lean Venture Capital Conversion IPO 108

www.inc.com

SEPTEMBER 24, 2011

Sales & Marketing | Wednesdays. SALES & MARKETING. Online Marketing. Bringing Innovation to Market. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. But Ive definitely had to lean on Dave. The Goods: Your Business Toolbox | Thursdays.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Both Sides of the Table

APRIL 23, 2011

Yes an online video startup in ‘99 that helped large media companies encode and distribute their videos through portals. He was introduced through mutual friends to Highland Capital. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble. Startup after Iron Planet? (6:00

Vertical 265

Vertical Curation Boston Burn Rate 265

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. Maybe It’s Me When I got to the SuperMac, our Marketing Communications group told me about our “award-winning&# retail packaging for our graphics boards.

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Sales Silicon Valley RSS Las Vegas 120

Steve Blank

SEPTEMBER 25, 2014

In Oracle’s early days Kathryn Gould was the founding VP of Marketing, working there from 1982 to 1984. Larry had the DNA I’ve seen common with all the successful entrepreneurs I’ve backed in my 25 years of Venture Capital work—only he had a more exaggerated case than most. Pragmatic and Lean. Back then he advocated for.

Technical Review 333

Technical Review Venture Capital Software Review Database 333

ReadWriteStart

JUNE 29, 2020

Most importantly, the phrase “ bootstrapping a startup ” translates into “growing your business with little or no venture capital or outside investment. It is also important to realize that, statistically speaking, most startups become operational without any venture capital or external funding sources.

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Bootstrapping Global Startup Hungary 85

Up and Running

MARCH 1, 2016

Please consult a patent attorney for more information about filing for a patent, and getting your idea to market. . But, when it comes to inventing things, the real trick is sticking the journey through or going from idea to invention to market. Step 3: Do basic market research (before investing money). Resources for inventors.

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Non-disclosure Agreement NDA Non-Compete Naming 60

Steve Blank

MAY 22, 2009

If you’re in markets that still exhibit at them (semiconductors, communications, enterprise software, etc.,) ———— T o: Marketing Department From: Steve Subject: Going to Trade Shows Like it Matters Generating Leads Ownership If your company is going to a show to generate leads, then sales owns the show. .

Silicon Valley 128

Silicon Valley RSS California Customer Development 128

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. Ultimately you want to see if you can find customers and a market for the product as specified – as early as possible. Time to Market – How long?

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. Ironically, the model is a good fit when launching a new product into an existing , well-defined market where the basis of competition is understood, and its customers are known.

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. A description of your target market or the different market segments you’re targeting.

Software Review 74

Software Review Software Delaware Forecast 74

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. This will continue while we’re in a tech bull market and I predict will wane when we’re not. In a bull market many players see drift in their activities.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Both Sides of the Table

MAY 25, 2013

. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. It’s a market, after all. The second is not.

LP 374

LP Later Stage IRR Term Sheet 374

ReadWriteStart

APRIL 26, 2012

In an interview with ReadWriteWeb, Davidson explains how the latest industry to receive the disruption treatment has been the venture capital business itself, with the epicenter of the quake right around San Francisco. When they exited the scene, the small IPO market followed suit. Everything's better with the lean model.

IPO 115

IPO Stock San Francisco Lean 115

Steve Blank

JUNE 5, 2009

You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. No building, no money, no customers, no market? These customer and market risks need to be translated into facts as soon as possible. Is there an existing market or not?

Silicon Valley 212

Silicon Valley RSS Vertical California 212

Startup Lessons Learned

JULY 11, 2019

Ann will be speaking at this year’s Lean Startup Conference in October about all of this and more. I've been in venture now twice. I was in Boston, working for the first time in venture capital as an analyst for this guy who was incredible and an amazing mentor. How do you develop power within a venture capital firm?

Founder 68

Founder Lean Venture Capital Cofounder 68

Steve Blank

NOVEMBER 19, 2009

I responded to their RFP by proposing that Ardent build the Pittsburgh Supercomputing Center a distributed supercomputing environment with hundreds of Ardent personal supercomputers rather than a monolithic Cray supercomputer. And where are we today…distributed computing. Love it… Great closure.

Silicon Valley 185

Silicon Valley San Diego RSS California 185

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . In liquid markets, most of the calories expended on technology and analytics are focused on trade selection, or “ origination ”. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

MAY 16, 2016

In companies this would be product line extensions, more efficient supply chain, new distribution channels. In slide 5 they broadly outlined mission achievement for three private sector markets. NarrativeMind further refined their Minimal Viable Product to product/market fit in Slides 11-16. makes an appearance in the class.

San Diego 142

San Diego Metrics Indonesia Silicon Valley 142

online.wsj.com

SEPTEMBER 23, 2012

Loading… Markets. Loading… Market Data. Media & Marketing. Marketing & Strategy. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com. » More. Loading… Business.

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Venture Capital Software Review Rhode Island North Dakota 107