Steve Blank

MAY 11, 2021

billion in early funding. Dozens of outreach programs across the military now offer quick revenue to early-stage companies. For example, “flying taxi” startup Joby Aviation aligned its electric vertical takeoff and landing aircraft with the Air Force’s stated interest in advancing the market for air mobility vehicles.

Artificial Inteligence 326

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Steve Blank

APRIL 10, 2009

Filed under: Customer Development , Technology | Tagged: Customer Development , Early Stage Startup , Entrepreneurs , Startups , Steve Blank « SuperMac War Story 6: Building The Killer Team – Mission, Intent and Values Story Behind “The Secret History” Part IV: Library Hours at an Undisclosed Location » 17 Responses Michael F.

Silicon Valley 300

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Steve Blank

SEPTEMBER 7, 2009

I think Customer Development (iterative model) helps by putting a strong thought in the mind (at a very early stage) that you could be wrong unless the customer agrees; this helps the mind to be more receptive. Steve Blanks 30 years of Silicon Valley startup advice. Reply Leave a Reply Click here to cancel reply.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Austin Startup

NOVEMBER 30, 2017

It follows up on my posts discussing why early stage startups should — or should not — move to Silicon Valley. Should Early Stage Startups Move to Austin because of Competencies? Should Early Stage Startups Move to Austin because of Competencies? Austin is also home to creatives of all stripes.

Early Stage 48

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David Teten

JANUARY 9, 2018

Many VCs focus on specific verticals, usually based on the sector in which a VC initially made her reputation. That said, one limitation in early-stage investing particularly is that 2022’s growth sectors probably don’t fit neatly into a vertical we can define today. This model certainly makes sense.

Venture Capital 60

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David Teten

JANUARY 9, 2018

Many VCs focus on specific verticals, usually based on the sector in which a VC initially made her reputation. That said, one limitation in early-stage investing particularly is that 2022’s growth sectors probably don’t fit neatly into a vertical we can define today. This model certainly makes sense.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

Steve Blank

FEBRUARY 23, 2009

Steve Blanks 30 years of Silicon Valley startup advice. I’m a software engineer by trade, so I’m always interested in some better way to do things, whether they are in software or in business processes or organizations. Reply Leave a Reply Click here to cancel reply. Order Here. To Order Outside of the U.S. Now In Print!

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Steve Blank

AUGUST 13, 2009

This could be useful information for those that want to get involved with a early stage start-up and want to evaluate it but not necessarily for funding. Steve Blanks 30 years of Silicon Valley startup advice. These questions I know will be on top of the list that VC’s will ask.&# Order Here. To Order Outside of the U.S.

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Steve Blank

OCTOBER 5, 2009

The culture and work ethic of Convergent had earned it the title “the Marine Corps of Silicon Valley”. Steve Blanks 30 years of Silicon Valley startup advice. And so was his reputation for being verbally abusive to his direct reports. Working with my old boss sounded like a great idea. Order Here. Now In Print!

North Carolina 125

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Steve Blank

JULY 9, 2009

There couldn’t have been a worse choice for CEO in Silicon Valley. Hollywood Meets Silicon Valley was an Oxymoron A key premise of our new company was that our video compression and authoring technology would revolutionize how games were made and played. This wasn’t just some random Silicon Valley fantasy.

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Steve Blank

JUNE 25, 2009

I’ve tried to read a lot of your History of Silicon Valley posts. Find out Memorex’s position in Silicon Valley. Some say we were the first PCM in the valley. Steve Blanks 30 years of Silicon Valley startup advice. They are very interesting. Memorex is turning 50 years old in 2011.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

NOVEMBER 16, 2009

One can even make the case that getting Market Type right is the most valuable thing a marketer can do to add value and affect success in an early stage venture. That’s no longer the case in Silicon Valley. Steve Blanks 30 years of Silicon Valley startup advice. Keep teaching! Order Here. Now In Print!

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

JUNE 3, 2009

Simulation to Reduce Invention Risk If you’re in a vertical where “invention risk” is dominant, then you want to do everything you can to manage and reduce those risks. When I wrote the Four Steps to the Epiphany , the Customer Development text, I hadn’t yet thought about what vertical markets it might be appropriate for.)

Vertical 128

Vertical Silicon Valley Marketing RSS 128

Version One Ventures

OCTOBER 17, 2018

We invest in the early stages of company creation , leading or participating in pre-seed and seed-rounds with cheque sizes between $500K and $750K. And we also look at companies that are creating the best product for a specific vertical – including bio/healthcare and other emerging tech. About Fund III.

Silicon Valley 127

Silicon Valley North America San Francisco LP 127

Steve Blank

MAY 22, 2009

Steve Blanks 30 years of Silicon Valley startup advice. Go to trade shows like it matters. You can learn more about them here: [link] Reply Leave a Reply Click here to cancel reply. Order Here. To Order Outside of the U.S. Now In Print! Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Silicon Valley 128

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ReadWriteStart

JANUARY 6, 2011

This curriculum is based on the various questions entrepreneurs have asked me over these 64 sessions, spanning financing, positioning, customer acquisition, marketing, sales, channel, and various other early stage, startup-related issues. As usual, then, I worked with three entrepreneurs working on specific businesses. Mava Consulting.

Vertical 115

Vertical Web San Francisco Entrepreneur 115

Steve Blank

FEBRUARY 23, 2009

Steve Blanks 30 years of Silicon Valley startup advice. Alone in a ski cabin with the snow coming down outside, and my wife and daughters out on the slopes all day, I started collecting my thoughts by writing a series of “lessons learned” stories that I had hoped would become my memoirs. steve Leave a Reply Click here to cancel reply.

Redemption 126

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Steve Blank

JUNE 5, 2009

Steve Blanks 30 years of Silicon Valley startup advice. I talk about this in my book and there is always a discussion at the Lean Startup Group at [link]. steve Leave a Reply Click here to cancel reply. Order Here. To Order Outside of the U.S. Now In Print! Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

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Steve Blank

FEBRUARY 23, 2009

This product development diagram had become part of the DNA of Silicon Valley. And even more importantly, was there any way to reduce risk in early stage ventures? Steve Blanks 30 years of Silicon Valley startup advice. Is there any way to predict success or failure? Order Here. To Order Outside of the U.S.

Product Development 143

Product Development Developer Silicon Valley Product 143

Austin Startup

JUNE 27, 2017

Many investments in startups start with local venture firms in the early stages and then attract non-local venture firms for later stage and larger deal size opportunities. Entrepreneurs with early stage companies typically look for local funding before going out of region to pursue other funding sources.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Gust

OCTOBER 12, 2011

Silicon Valley. Valley Angel Fund. Silicon Valley. Silicon Valley. Speaking with many angel leaders , I believe we have identified several possible explanations for group-to-group variations: 1) Clearly, startup ventures in some business verticals command high pre-money valuations that others.

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Angel Groups Valuation Pre-Money Valuation St. Louis 125

David Teten

AUGUST 19, 2019

Feenix focuses on companies in the consumer space across a number of industry verticals including: multi-unit Food & Beverage operators, hospitality, managed workspace (office or food halls), location based entertainment venues, and various direct to consumer online companies.

Revenue 60

Revenue Technical Review Software Review Equity 60

Steve Blank

APRIL 29, 2009

Steve Blanks 30 years of Silicon Valley startup advice. Reply spy bugs , on May 4, 2009 at 10:14 am Said: Thanks a lot, wonderful post. Reply Leave a Reply Click here to cancel reply. Order Here. To Order Outside of the U.S. Now In Print! Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Silicon Valley 170

Silicon Valley Iraq RSS Vietnam 170

Steve Blank

AUGUST 20, 2009

That’s why early stage companies aren’t run by accountants with spreadsheets. Steve Blanks 30 years of Silicon Valley startup advice. weeks ago, positioning it as a tool designed to help small businesses effectively manage their social media efforts. Order Here. To Order Outside of the U.S. Now In Print!

Silicon Valley 181

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Austin Startup

DECEMBER 20, 2020

He was also born here and went to UT Austin before heading out to Silicon Valley for a stint. Now he is a VC at Moonshots Capital , focused on investing in early stage tech companies with a special focus on backing military veterans.

Austin 110

Austin Texas Cofounder Los Angeles 110

Steve Blank

AUGUST 27, 2009

Thirty years later we now realize that its one the causes of early startup failure. Steve Blanks 30 years of Silicon Valley startup advice. VC’s who still believe in the product development model in the 21st century offer no value in building a company other than their rolodex and/or checkbook. Order Here. Now In Print!

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

Steve Blank

FEBRUARY 23, 2009

Yet the processes that early-stage companies were using were identical to that of large corporations. Steve Blanks 30 years of Silicon Valley startup advice. So what is it that makes some startups successful and leaves others selling off their furniture? Simply this: startups are not small versions of large companies.

Silicon Valley 127

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Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. What are Early Stage VC’s Really Asking? Steve Blanks 30 years of Silicon Valley startup advice. Reply Leave a Reply Click here to cancel reply. Order Here. Now In Print!

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Steve Blank

APRIL 23, 2009

Filed under: Customer Development , SuperMac | Tagged: Steve Blank , Entrepreneurs , Early Stage Startup « Killing Innovation with Corner Cases and Consensus The Secret History of Silicon Valley Part VI: Every World War II Movie was Wrong » 7 Responses David , on April 23, 2009 at 8:58 am Said: Excellent!

Silicon Valley 120

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Steve Blank

SEPTEMBER 17, 2009

The Customer Development model delineates all the customer-related activities in the early stage of a company into their own processes and groups them into four easy-to-understand steps: Customer Discovery , Customer Validation , Customer Creation , and Company Building. Steve Blanks 30 years of Silicon Valley startup advice.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

Steve Blank

MAY 21, 2009

Steve Blanks 30 years of Silicon Valley startup advice. Did this help them to understand your company/product Part 2 of the memo, to be posted tomorrow: using a trade show to generate leads. Plus tips on overall trade show strategy. Order Here. To Order Outside of the U.S. Now In Print! Blog at WordPress.com.

Silicon Valley 178

Silicon Valley RSS California Customer Development 178

ReadWriteStart

NOVEMBER 4, 2010

The premium lounge includes an online curriculum addressing the common topics specific to very early stage entrepreneurship; private roundtables that many of you have requested; customer, channel partners, and investor introductions; media and analyst access; and a variety of other value-added services to make our entrepreneurs successful.

Startup 113

Startup India Silicon Valley Incubator 113

Steve Blank

NOVEMBER 2, 2009

Filed under: Customer Development , Customer Development Manifesto « The Secret History of Silicon Valley 12: The Rise of “Risk Capital” Part 2 Raising Money Using Customer Development » 8 Responses Jake Lumetta , on November 2, 2009 at 10:49 am Said: Great post. Reply Leave a Reply Click here to cancel reply.

Lean 244

Lean Silicon Valley Startup RSS 244

Steve Blank

JUNE 22, 2009

Steve Blanks 30 years of Silicon Valley startup advice. It seems that we underestimate the founders intuition, which created the company in the first place. Reply Leave a Reply Click here to cancel reply. Order Here. To Order Outside of the U.S. Now In Print! Blog at WordPress.com. Theme: Digg 3 Column by WP Designer.

Silicon Valley 164

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Hippoland

JULY 24, 2016

Valuation is a nebulous topic amongst early stage startups, so I thought I’d really spell it out in detail. In short: Valuations for seed stage companies are fairly arbitrary and driven solely by supply and demand. Some verticals will be difficult to get revenue traction in. 2008-2009 was a terrible time to raise money.

Seed Stage 48

Seed Stage Valuation Vertical Demand 48

Steve Blank

JULY 2, 2009

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. Peter described the first company in which “Hollywood meets Silicon Valley” and we were enthralled. Order Here.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

MAY 26, 2009

Verticals Are Different I began to realize that entrepreneurs (and their professors) act like every vertical market and industry has the same set of rules. So the first heuristic is: do not assume the startup rules are the same for all vertical markets. Just for discussion, the markets I chose were: Web 2.0,

Vertical 149

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