Steve Blank

OCTOBER 26, 2013

This month we’ve crossed ~ 300 teams in the first two years through the program. It’s a model for a government program that’s gotten the balance between public/private partnerships just right. The program pays scientists $50,000 to attend the program and takes no equity. in Science or Nature.

Lean 262

Lean Washington Incubator Agile 262

Steve Blank

APRIL 11, 2013

– The Torch Program. In size, scale and commercial results China’s Torch Program from MOST (the Ministry of Science and Technology) is the most successful entrepreneurial program in the world. government’s SBIR and STTR programs. This post is about the how the Chinese government engineered technology clusters.

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

APRIL 12, 2013

The previous post described how the Torch program built China’s innovation clusters. The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Steve Blank

DECEMBER 30, 2014

They add mentors and additional services and some offer free space in exchange for equity. Accelerators take teams with fairly focused ideas and offer a formal 3-4 month program of tutoring/mentoring with seed funding in exchange for equity. Incubators are designed for teams with an idea.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

APRIL 11, 2013

– The Torch Program. In size, scale and commercial results China’s Torch Program from MOST (the Ministry of Science and Technology) is the most successful entrepreneurial program in the world. government’s SBIR and STTR programs. This post is about the how the Chinese government engineered technology clusters.

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. Alex had been recruited back by his Alma Matter to create an entrepreneurship program. . ———– The 99%. We think we got it figured out.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

Steve Blank

MARCH 17, 2020

A one-year problem means taking a knife to your burn rate (layoffs and elimination of perks and programs to reduce your variable expenses,) renegotiating what previously seemed liked fixed expenses (rent, equipment lease payments, etc.) and putting only the essential elements for survival in the lifeboat. (see

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

Steve Blank

APRIL 1, 2020

Paycheck Protection program and the Economic Injury Disaster Loan program. Check if the the Paycheck Protection Program , ( here and here ) which provides 100% federally guaranteed loans to small businesses, can apply to your company. Also see if the the Economic Injury Disaster Loan program applies. Workers can return.

South Korea 333

South Korea Salary Business Model China 333

Steve Blank

APRIL 12, 2013

The previous post described how the Torch program built China’s innovation clusters. The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

JULY 2, 2015

Matt Weingart, program development manager in the Strategic Development Office at the Department of Energy’s Lawrence Livermore National Laboratory. — — — Matt Weingart is a program development manager in the Strategic Development Office at the Department of Energy’s Lawrence Livermore National Laboratory.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Steve Blank

JANUARY 20, 2014

There is nothing wrong with lifestyle entrepreneurs as they are providing valuable products and services to the local/regional economy, but these do not make for good venture or angel investments under the traditional equity based venture model. So I helped develop the Computer Science program at Oregon State. Founders Pad.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

SEPTEMBER 2, 2015

The program examines the DNA of entrepreneurs: what makes them tick, how they came up with their ideas; and explore the habits that make them successful, and the highs, lows and pivots that pushed them forward. Wasn’t the mayor (essentially) saying to Columbia, “You’re (applied science program) isn’t good enough.

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

Steve Blank

DECEMBER 11, 2023

Parker became President, and got 50% of the company’s equity for a $20,000 investment (equal to $315K today) and guaranteed a $200,000 line of credit (equal to $3M today). It had no operating or programming manual and its input/output facilities was a typewriter, a paper tape reader, and a paper tape punch.

Minnesota 281

Minnesota Engineer Minneapolis Silicon Valley 281

Steve Blank

JULY 20, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Errol Arkilic , former program director for the National Science Foundation Innovation Corps (NSF I-Corps), now founder of M34 Capital. to put together a mentorship program [for academic scientists]. government accelerator that takes no equity.

Government 120

Government Channel Southern California Lean 120

Steve Blank

JUNE 2, 2011

The result – an instant technology cluster – with equity at a fraction of Silicon Valley prices. Jon Feiber at MDV is going to try investing in startups emerging from Universities with great engineering schools outside of Silicon Valley that have entrepreneurship programs, but minimal venture capital infrastructure.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

SEPTEMBER 30, 2015

The program examines the DNA of entrepreneurs: what makes them tick, how they came up with their ideas; and explore the habits that make them successful, and the highs, lows and pivots that pushed them forward. . … I’ve seen so many of my colleagues are hiring entrepreneurship directors, creating new programs.

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Steve Blank

SEPTEMBER 1, 2011

Unlike small business entrepreneurs, their interest is not in earning a living but rather in creating equity in a company that eventually will become publicly traded or acquired, generating a multi-million-dollar payoff. It is not a “jobs program” for the local populace. Any attempt to make it so dooms it to failure.

Government 335

Government Silicon Valley Startup Venture Capital 335

Steve Blank

MARCH 19, 2020

Review all marketing programs. Award equity to employees equal to the value of their reduced salaries. If appropriate, offer to sign a longer agreement in exchange for lower cash payments in 2020 and 2021. Cut marketing by x%. Payroll costs are probably your largest cost item. If necessary, you may need to take action.

Salary 327

Salary Lean Equity Government 327

Steve Blank

AUGUST 11, 2020

We began the summit with five of us sharing our experience of how we dealt with the online challenges of: teaching an existing Lean program i.e. Hacking For Defense. creating programs for Diversity, Equity, & Inclusion e. Berkeley, the dean of this program. GEM I4 / Black Learners Matter.

Lean 420

Lean San Francisco Silicon Valley Florida 420

Steve Blank

OCTOBER 8, 2012

An incubator provides year-round physical space, infrastructure and advice in exchange for a fee (often in equity.) In contrast, an accelerator has cohorts going through a program of a set length, with funding typically provided at the end. It’s a 90-day program with a clear beginning and end for each cohort.

Community 333

Community Silicon Valley San Francisco Venture Capital 333

Steve Blank

MAY 17, 2022

It uses new words to define programming steps, job descriptions, development tools, etc. or decision-making processes (like understanding text and images) without being explicitly programmed to do so. Machine learning algorithms – computer programs that adjust themselves to perform better as they are exposed to more data.

Artificial Inteligence 417

Artificial Inteligence Software Review Algorithm Technical Review 417

Steve Blank

MAY 3, 2022

Meanwhile China has been engaged in a Civil/Military Fusion program since 2015 to harness these disruptive commercial technologies for its national security needs. In the last few years new venture capital and private equity firms have raised money to invest in dual-use startups. In the U.S., China – Civil/Military Fusion.

Ukraine 277

Ukraine China Private Equity Russia 277

Steve Blank

MAY 4, 2009

Every marketing communication hire couldn’t wait to produce the next great ad or PR program. While this may seem obvious to anyone not in sales and marketing, trust me, in a technology company this is a conceptual breakthrough. In my experience, every marketer with an MBA wants to “do strategy.”

Silicon Valley 126

Silicon Valley RSS Non-Compete California 126

Steve Blank

SEPTEMBER 13, 2022

The result was that by default, private equity and venture capital were the de facto decision makers of U.S. These programs ( DIU , In-Q-Tel , AFWERX , et al), are limited in scope, time and success at scale. industrial policy. With the demise of the Soviet Union and the U.S.

China 323

China Venture Capital Government Artificial Inteligence 323