Steve Blank
MAY 28, 2009
Steve,&# he said, “you’re missing the most interesting part of vertical markets. The implications for entrepreneurs is that each of these (market risk versus invention risk,) require radically different financing models, a different type of venture investor, different timing for hiring sales and marketing, etc.
Steve Blank
JUNE 8, 2009
In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. would look in each of the verticals. Waterfall, Agile, Lean? Seed and Follow-on Financing – How do your finance it? M&A, IPO?
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The Startup Magazine
JUNE 1, 2023
Lean” doesn’t come to mind when you think of a business that needs trucks, warehouses, cross-docks, and thousands of employees to run efficiently. Hire versatile players and lean into your team The SVB collapse reminded us that staffing matters. Working creatively Our company sits at the center of the logistics and freight industry.
Steve Blank
AUGUST 31, 2009
The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model? business model.
VC Cafe
DECEMBER 1, 2022
L eanne Eliott-Young ( Institute of Digital Fashion ) commented on how fashion brands leaning in to engage with younger customers Roblox. From the Money in the Metaverse (crypto and web3 finance) panel. sther.eth) talked about the potential of the Metaverse to create social impact (check out www.Hundo.xyz ).
Austin Startup
OCTOBER 22, 2017
I don’t source financing on their behalf, they generally have the reputations and the personal networks to attract capital if I just get it structured fairly. Not all incubators and accelerators are the same, and many have adopted vertical specializations and come packing serious heat from major partners in those verticals.
Steve Blank
DECEMBER 7, 2009
The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. This is the pivot, a crucial tactical maneuver for the lean startup [.]
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