Steve Blank
JANUARY 17, 2023
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.
Steve Blank
NOVEMBER 7, 2023
Most early stage startups don’t have the regulatory domain expertise in-house. Hire/advisors from the inside industry but use them to make you smarter not just to outsource the work. Eventually you’ll need to build an in-house team to manage regulatory affairs. Get outside advice at each step. will move the needle.
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Steve Blank
NOVEMBER 1, 2011
Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner. Early-stage Venture Capital firms grow their partnerships in different ways, some hire: partners from other firms. Today, you can start a web/mobile/cloud startup for $500,000 and have money left over.
Steve Blank
APRIL 23, 2014
Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).
Steve Blank
MAY 19, 2015
Organizational debt is all the people/culture compromises made to “just get it done” in the early stages of a startup. While he kept bringing the conversation back to their big valuation I tried to steer the conversation back to how they were going to deal with: training the influx of new hires – in both culture and job specific tasks.
Steve Blank
SEPTEMBER 1, 2011
They hire local employees or family. They hire the best and the brightest. In addition, the Israeli government originally funded 23 early stage incubators but turned them over to the VC’s to own and manage. They are anyone who runs his/her own business. They work as hard as any Silicon Valley entrepreneur.
Steve Blank
MARCH 31, 2011
Over the last decade we assumed that once we found repeatable methodologies (Agile and Customer Development , Business Model Design) to build early stage ventures, entrepreneurship would become a “science,” and anyone could do it. It is a very different skill than science, engineering, or management. Where Did We Go Wrong?
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