Steve Blank

article thumbnail

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.

article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Ventures that are further along and now executing their business model are no longer startups, they are now early-stage companies. Large corporations come to the valley to looking to acquire both startups which are searching for a business model and early-stage companies which are executing. Lessons Learned.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tune In, Turn On, Drop Out – The Startup Genome Project

Steve Blank

Max and his partners interviewed and analyzed over 650 early-stage Internet startups. Today they released the first Startup Genome Report — a 67 page in-depth analysis on what makes early-stage Internet startups successful. Founders overestimate the value of IP before product market fit by 255%. .

article thumbnail

Not All Those Who Wander Are Lost

Steve Blank

After I retired, I began teaching Customer Development , a theory of how to reduce early stage risk in entrepreneurial ventures. The Best Defense is a Good IP Strategy………… 65. These blogs began as an attempt to explain why a “book” I wrote wasn’t a book. And now they’re a book of their own.

article thumbnail

How to Avoid Innovation Theater: The Six Decisions To Make Before Establishing an Innovation Outpost

Steve Blank

Do we believe “startup-driven” innovation (innovation that comes from relationships with external, early-stage companies) should be part of the corporate innovation portfolio? Startups are developing IP relevant to the disruption. We’ll cover “ corporate moonshots ” in a subsequent post.).

article thumbnail

Vertical Markets 1: Bad Advice – All Startups are the Same « Steve.

Steve Blank

You don’t need to worry about any Intellectual Property (IP) issues. The next week another team, working on a new type of solid oxide fuel cell, remarked, “Professor Blank, in our industry there’s a ton of patents and stuff and people tell us we shouldn’t be out there unless we start patent protecting all our IP.”

Vertical 149
article thumbnail

The Sharp End of the Stick « Steve Blank

Steve Blank

In an early stage startup, instead of sales being up front, the point departments are likely to be product development and customer development. In an IP licensing business, legal and finance are the sharp end of the stick. If sales as an organization failed to deliver revenue to plan then all we had were worthless shares.