Steve Blank

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Steel In Their Eyes – Why VC’s Should Be Startup CEO’s

Steve Blank

– versus the attributes of a great entrepreneur – pattern recognition, tenacity, etc. For venture firms who want to groom/grow associates or operating execs into partners (rather than hiring proven partners), here’s my suggestion: Have them start as an analyst (search for deal flow and people, due diligence).

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Customer Development Fireside Chat

Steve Blank

The relevant part starts about 4:30 into the video (wait for it to download.) luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building.

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supermac War Story 1: Joining supermac

Steve Blank

When I went through their financials as part of my due diligence I realized that if they ditched their low margin disk drive products, it wouldn’t take much to make them a profitable company. So perhaps a more accurate description was that the company was a “restart.”

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Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

During the due-diligence process, I sat down with one of the partners who pulled out a set of slides and asked me: ”Have you seen these?” With your permission, I’d like to tell this tale and direct other aspiring entrepreneurs to follow your lead! Are These Your Slides? Certainly not fun, but great insight.

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Raising Money Using Customer Development

Steve Blank

Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition. Hopefully this will get more bootstrapping entrepreneurs focusing on making money instead of raising money.

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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. I offered to introduce him to the firm whose Entrepreneur-in-Residence offer I had just accepted.