article thumbnail

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.” To Order Outside of the U.S. Now In Print!

article thumbnail

Customer Development Fireside Chat

Steve Blank

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. To Order Outside of the U.S. Now In Print! Steve Blanks 30 years of Silicon Valley startup advice.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?” Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. Are These Your Slides? To Order Outside of the U.S. Now In Print!

article thumbnail

Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

RSS was something that had appeared.” “….I We have a theme we call Protocol, which are technology protocols and markets built around technology protocols like SMTP for email and RSS. So I was on the front line of this very aggressive rollup and I got involved in helping with the technical due diligence…”. “As

article thumbnail

Book Review: Finding a New Career that Values Your IT Knowledge

Software By Rob

Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. Subscribe via RSS On Twitter? Check out my book Subscribe via RSS Thousands of entrepreneurs cant be wrong. If you’re in this position drop me an email and I will send you my copy. sent) October 11th, 2008 | Software Development Building your startup?

article thumbnail

New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’ | Xconomy

www.xconomy.com

“When I was the lead [venture] investor on a deal, it was very important to be the industry expert,” Coats says, chiefly because of the knowledge and experience that experts bring to the due diligence process. It’s time consuming, but it makes sense for the first one or two venture investors to do that. Xconomy on Demand. Privacy/DMCA.

article thumbnail

The Inside Story of a Small Startup Acquisition (Part 3)

Software By Rob

How long into the discussion before you commenced diligence? Due diligence is the most important part of the process because it dictates whether you should move forward with the acquisition, and at what price. As such, due diligence consumed the majority of the two-month negotiation period between myself and the seller.