Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. He also believed that to succeed the company needed to be vertically integrated and bought up 29 parts manufacturers and suppliers. The next year, 1910, trouble hit.

Cofounder 268

Cofounder Michigan Stock Forecast 268

Duct Tape Marketing

JANUARY 25, 2023

Growing Your Audience (And Your Revenue) With A Book written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Matt Briel In this episode of the Duct Tape Marketing Podcast , I interview Matt Briel. And again, for a lot of people, that's what they were concerned with was distribution. Thanks, John.

Audience 88

Audience Revenue Distribution Differentiation 88

Both Sides of the Table

JUNE 20, 2014

I have been saying privately for years now that I believe online video will evolve into fragmented distribution (my next online video post) and vertical production. Nobody has figured this out better than AwesomenessTV who not only has built an enormous online media presence but also packages and distributes shows for Nickelodeon.

South America 291

South America Colombia Mexico Vertical 291

VC Cafe

NOVEMBER 25, 2019

More than investment, entertainment is one of the largest industries in the world in revenue terms, projected to reach $2.5 And last year alone Audible generated $1 billion in revenue for Amazon. . Entertainment is more than newspapers, more than Hollywood, and more than the sum of specific verticals jousting for consumer eyeballs.

Vertical 113

Vertical Artificial Inteligence Distribution IPO 113

Up and Running

OCTOBER 7, 2019

Revenue growth rate: measures the month-over-month percentage increase in revenue and is the most common and important metric for startups. Monthly recurring revenue (MRR): an indicator of the health of the company, it shows how successful your business is at growing its customer base and retaining customers. Sales KPIs.

Founder 71

Founder Retention Metrics Technical Review 71

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

Customer Development 219

Customer Development Web Developer Customer 219

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. would look in each of the verticals. Business and Revenue Model – How do we organize to make money? Marketing – How do you create end user demand?

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Transformify

APRIL 21, 2017

We have arguably the largest distributed workforce in the world. And we’ll be expanding into more business verticals soon. During our two month beta test of the service with our existing clients, we were able to grow Toptal Finance to seven figures in revenue, with a 17 percent week-over-week revenue growth rate.

Technical Review 40

Technical Review Silicon Valley Software Review Cofounder 40

Growthink Blog

FEBRUARY 27, 2010

revenues from internet video services spanning user-generated content to television shows and movies will exceed $7 billion this year. Video-on-demand alone is estimated to grow from a $1.1 How about Internet Video? Annual U.S.

Los Angeles 85

Los Angeles Silicon Valley Technical Review Vertical 85

VC Cafe

SEPTEMBER 9, 2020

New media platforms are enabling a new creator type: Digitally Native Vertical Creators , Eric Feng. New media platforms are enabling a new creator type: Digitally Native Vertical Creator s, Eric Feng. Copyright, or the lack thereof – it’s hard for creators to prevent illegal distribution of their IP.

Aggregator 207

Aggregator Vertical Audience Seed Stage 207

abovethecrowd.com

NOVEMBER 13, 2012

Another repeated mistake is attacking verticals where a satisfactory supplier “match” end’s the customer’s need to re-enter the market in search of an alternative. This second point negatively impacts many vertical service provider markets (such as pediatricians) where customers are actually prefer a monogamous relationship.

Aggregator 101

Aggregator Marketing Software Review North America 101

Occam's Razor

JULY 24, 2018

There is one clear outlier (Nonline Direct Revenue – a very difficult metric to compute, so hurray!). Slice the matrix vertically along the time-to-useful dimension…. Our last vertical slice includes metrics that measure performance across customer segments, divisions and channels, among other elements. What do you see?

Analytics 93

Analytics Framework Metrics Algorithm 93

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley Technical Review IPO Venture Capital 217

YoungUpstarts

MAY 12, 2020

Additionally, you’re not expected to excel at every single vertical of successfully managing the business. Most business plans aiming for seed funding, or any sort of initial support, or even for recruitment needs, are distributing the efforts and planning the projections over the business over the course of several years.

Distribution 264

Distribution Vertical Business Plan Software Developers 264

This is going to be BIG.

MAY 5, 2023

I’d like to thank all the Limited Partners who trusted me and who I will not stop working for until the very last distribution check is written, as well as all the founders who gave me a look at what they were up to, not just the ones I backed. Consider this.

Later Stage 218

Later Stage Term Sheet Venture Capital Limited Partner 218

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. What is the right revenue model?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

OCTOBER 31, 2014

But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. Creating a vertically oriented regional ecosystem is a pretty amazing accomplishment for any country or industry. With 317 million people the U.S.

Global 335

Global Australia Silicon Valley China 335

Duct Tape Marketing

DECEMBER 20, 2022

TikTok is very much vertical, short form, you know, 50 to 15 to kind of 62nd videos. I think part of it is just that consumption, you know, people have moved towards, yeah, that kind of, that vertical feed, that short form content we're conditioned to these short attention spans. So you've got more variety of content.

Marketing 96

Marketing Social Media Video Technical Review 96

Mucker Lab

DECEMBER 2, 2015

Most brilliant “Internet of Things” ideas are quicksand for capital unless you have the branding, vertical integration and customer lock-in that Apple achieved. However, the rise of the Internet equalized if not flipped the ratio as the web (and mobile) created a new product category and distribution platform.

Vertical 60

Vertical Widget Distribution China 60

Austin Startup

FEBRUARY 16, 2020

Its automated platform collects and allocates revenues in real-time, from tickets sold to filmmakers’ pockets. This track brings together founders and funders and showcases exciting new companies, products, services, and business models across different verticals and industries.

Cofounder 88

Cofounder Vertical Austin Revenue 88

YoungUpstarts

APRIL 27, 2018

Potential clients might know you, know you are active in a vertical and have a problem they need to solve, but they need to have a belief that you can do the work effectively. This is why people travel, offer free audits, and distribute research. Ability — Do I have the ability to pull the trigger?

Developer 134

Developer Elevator Pitch Reputation Vertical 134

Gust

OCTOBER 16, 2012

This summer I conducted our third annual survey of the pre-money valuation of pre-revenue companies recently funded by angel groups in North America. For the first time, we asked for data from specific business sectors, as follows: All pre-revenue deals. Pre-revenue life Science, biotech and medical device deals. Number: 30.

Angel Groups 169

Angel Groups Valuation Pre-Money Valuation North Dakota 169

Both Sides of the Table

JUNE 18, 2010

Reportedly, Softbank and Zynga have discussed jointly distributing games through Softbank’s mobile-phone service in Japan and other countries. Network of vertical focused sites: BeachMint, BeachMint, WineMint, etc.; first vertical to launch by 2010 Holiday Season. DST invested $180mm last fall.

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

Steve Blank

AUGUST 31, 2009

customers aren’t buying it, the cost of distribution is too high, etc.) Was the sales revenue model based on actually testing the hypotheses outside the building? Greg Boutin Founder, Growthroute Ventures, [link] Reply TO REVENUE » Talking on Techie-Biz Divide at Communitech Guelph on Sept.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Up and Running

SEPTEMBER 2, 2020

Pixar was at the forefront of 3-D animation and storytelling but had no knowledge of the movie industry or distribution channels. By partnering, Pixar now had expert guidance and financial backing to distribute and sell their masterpieces. Increase revenue. Focus on companies outside of your industry or vertical.

Small Business 153

Small Business Reputation Partner Revenue 153

Austin Startup

DECEMBER 20, 2020

Andy is a global thought leader in remote work, telecommuting, and distributed workforces having served as CEO of Crossover and Sococo and on the board of Texas Central, our new bullet train. Bob invented Ethernet, founded 3Com (revenues of $5.7B), was the Editor of InfoWorld magazine, and was a venture capitalist at Polaris in Boston.

Austin 110

Austin Texas Cofounder Los Angeles 110

Rob Go

NOVEMBER 4, 2012

On #1, these are verticals that haven’t been touched by the Internet as directly because of some combination of: - high cost of sales vs revenue. - immature distribution channels. distributed and connected data transmitters and sensors. old school / conservative buyers. government regulation.

Vertical 57

Vertical Distribution Internet Government 57

The Next Web

DECEMBER 3, 2013

Enterprises that have gotten past this reflexive response are struggling with how to integrate all of this new, distributed stuff with their existing stuff. Data that must be corralled, managed, and tied directly into the company’s revenue and growth. Those who have been through the BYOD battle will have had a taste of this already.

Cloud 128

Cloud API Vertical Cofounder 128

Hippoland

APRIL 17, 2015

The truth is, we have 50+ folks on staff at 500 from all over the world (except Antarctica) with expertise in different verticals. 500 is actually much more akin to a holding company with different businesses , because we have multiple arms that have different revenue streams. . And, we don’t just invest.

Entrepreneur 48

Entrepreneur Vertical Holding Company Portfolio 48

The Next Web

OCTOBER 2, 2013

Distribution and cashflow pose challenges in China. Furthermore, the steady cashflow in the Western market also comes about because of one key factor: the distribution model. The relatively straightforward distribution model in the US for mobile app developers is contrasted by a landscape in China that is simply put, a maze.

China 122

China Developer Intellectual Property Mobile 122

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. But the computer retail channel was a large part of our sales. Worry about the sales results. What did we learn?

Sales 120

Sales Silicon Valley RSS Las Vegas 120

abovethecrowd.com

APRIL 17, 2013

With each hand, a small percentage of the pot is scraped off by the dealer, which in essence becomes the “revenue” for the casino. While casinos use the term “rake,” a plethora of interesting word choices exist which all describe the same thing – keeping a little bit of the revenue for the company that is running the service.

Europe 101

Europe Social Network IPO Technical Review 101

ConversionXL

FEBRUARY 3, 2022

No changes were made to the customer journey, and it had nothing to do with revenue lift. It isn’t about finding quick hacks to boost short-term revenue. Growth marketing doesn’t prescribe quick-fix hacks that any company can apply to “10x their revenue.” For example, say you’re trying to improve top-line revenue.

Framework 102

Framework Marketing Acquisition Retention 102

ConversionXL

OCTOBER 25, 2018

Building a cache of user data in a CRM that’s strong enough to inform demand gen campaigns—what content to produce, where to distribute it—can take years, according to Brandt Bogdanovich of MST Solutions. Create and distribute content to those segments. How many customers and much revenue could this channel bring if successful?

Demand 132

Demand Vertical Campaign Channel 132

justinmares.com

OCTOBER 8, 2012

It follows that failure occurs when a company cannot grow fast enough to support itself on revenues, or does not have promising enough growth on which they can raise money. Think of several traction verticals that could potentially work for you, and come up with cheap ways to test them as acquisition channels. Bookmark the permalink.

Vertical 44

Vertical Lean Channel PR 44

ConversionXL

OCTOBER 14, 2021

For example, you could deploy CSAT surveys at various parts of the buyer’s journey (distributed across leads so as not to bombard a single customer with multiple questions). To give context, compare market share changes with objective measures such as changes in total industry spending and company revenue, and strategic changes.

Metrics 157

Metrics Marketing Campaign Audience 157

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay.

Internet 88

Internet Matching Vertical Hosting 88