Steve Blank

article thumbnail

Leaving Government for the Private Sector – Part 2

Steve Blank

Most of her lessons were applicable to any government employee venturing out to the private sector. Before leaving government service one of my biggest challenges was to understand how my skill as a Case Officer would translate into a job in the commercial world. It provides governance and financial oversight to the company.

article thumbnail

Leaving Government for the Private Sector – Part 1

Steve Blank

Most of her lessons were applicable to any government employee venturing out to the private sector. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is a Venture Studio Right for You?

Steve Blank

In exchange for attending an accelerator, startups give up 5% to 10% of their company’s equity. In return for the lower risk, a venture studio typically takes a larger percentage of equity. In contrast with an accelerator that takes 5%-10% of a startup’s equity , venture studios take anywhere from 30%-80% of a startup’s equity.

article thumbnail

The Helsinki Spring

Steve Blank

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. a government that’s trying to help, but gets in the way.

Finland 324
article thumbnail

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

Steve Blank

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Toxic Business Press and Contradictory Government Incentives.

Finland 324
article thumbnail

10,000 Startups – Startup Weekend Next

Steve Blank

It doesn’t take equity and just has a small fee that varies by city ($140 to $299), to cover event operations and expenses. These incubators which provides new startups with year-round physical office space, infrastructure and advice in exchange for a fee (often in equity.) How it Works.

Startup 335
article thumbnail

China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. And when the government tools to detect encrypted VPN’s get more sophisticated, (as it did last year), Chinese users just use stealthier tools.

China 323