Steve Blank

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Is a Venture Studio Right for You?

Steve Blank

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. They do the most to de-risk the early stages of a startup. I pointed out that there were.

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Leaving Government for the Private Sector – Part 2

Steve Blank

Venture Capitalist : An early-stage VC requires some of the same skills as a Case Officer – spotting, assessing, developing, recruiting, and handling founders building a company amid an uncertain operating environment that will bring a heavy return on investment. Most startups fail, especially those in the early stages.

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Organizational Debt is like Technical debt – but worse

Steve Blank

Organizational debt is all the people/culture compromises made to “just get it done” in the early stages of a startup. retaining their existing hires who were working for intern-like salaries with little equity. Upgrade their salaries and equity ASAP. And let me tell you about the vision and strategy again.

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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. And what’s great for the mass of society – a government safety net verging on the ultimate nanny state – makes it impossible to fail. There isn’t much of a killer instinct among the masses.

Finland 324
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What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

Risk capital takes equity (stock ownership) in your company instead of debt (loans) in exchange for cash. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). The Bad News.

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The Virus Survival Strategy For Your Startup

Steve Blank

If you’re an early stage company, that number may be zero. This time around, the health of the venture business may depend on what hedge funds, investment banks, private equity firms, sovereign wealth funds, and large secondary market groups do. If you’re making more money than you’re spending, you have positive cash flow.

Burn Rate 436
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Am I a Founder? The Adventure of a Lifetime. « Steve Blank

Steve Blank

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. This means you still need to have a resilient personality, and be agile.

Cofounder 219