Steve Blank

JUNE 8, 2021

Although the class was run completely online, and even though they were suffering from Zoom fatigue, the 10 teams of 42 students collectively interviewed 1,142 beneficiaries, stakeholders, requirements writers, program managers, industry partners, etc. – while simultaneously building a series of minimal viable products.

Lean 385

Lean Security Asia SBIR 385

Steve Blank

JUNE 6, 2016

Innovation outposts in Silicon Valley allow big companies to sense and respond to rapid changes in technology. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. And download any of the past shows here.).

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Startup Lessons Learned

OCTOBER 24, 2017

An important reminder: Lean Startup Week is in San Francisco October 30 - November 5 The Lean Startup Week team has been working around the clock to put together a program that will suit the needs of any entrepreneur in any organization, all themed around The Startup Way.

San Francisco 107

San Francisco Los Angeles Software Review Silicon Valley 107

Steve Blank

MAY 30, 2016

the teams spent the last two weeks learning what activities, resources and partners they would need to actually deliver their solution. Four decades ago my first job in Silicon Valley was with ESL, the first company to combine computers and signals intelligence. The founder of this 1964 Silicon Valley startup was Bill Perry.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

View from Seed

MARCH 1, 2016

The same metaphor is true for modern, “legacy” businesses — most businesses that exist today have co-evolved against one another in a careful dance of suppliers, distributors, competitors, and partners. Trying to recruit a co-founder or key-employee? Enter the Kudzu. We are raising this seed to go do X”…. then go do X.

Founder 120

Founder Technical Review Cofounder Non-Compete 120

Steve Blank

AUGUST 31, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. The responsibility for validating the founders original hypotheses is delegated to employees – the sales and marketing team.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses. It’s an impressive portfolio.

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. But the purpose of this post is what happens when a founder (or large company CEO) finds a better business model.

Customer 195

Customer Silicon Valley RSS California 195

Up and Running

SEPTEMBER 5, 2017

Being an outsider, I also wanted to lean heavily on the actual research available on the subject, as well as the voices of women both in the tech space and who have successfully received venture funding. According to Fortune , in 2006, female founders were involved in only 2.95 percent of venture capital deals, and received.33

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Up and Running

MARCH 11, 2015

But, getting in the doors of a Sand Hill Road VC in Silicon Valley can be an incredibly difficult undertaking. Eric Ries of The Lean Startup has called Andrew Chen’s blog “one of the best entrepreneurship blogs of all time.” This is the home of Jason Cohen, software startup founder, bootstrapper, investor, and mentor.

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. Silicon Valley Transplants.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

NOVEMBER 27, 2012

The Lean LaunchPad course online. I teach potential founders a hands-on, experiential class called the Lean LaunchPad at Berkeley, Stanford, Columbia and Caltech. Online Guide to How to Build a Startup: The Lean LaunchPad. Visitors Guide to Silicon Valley. Secret History of Silicon Valley.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. The best and most consistent funds in Silicon Valley (e.g.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

OCTOBER 5, 2009

The culture and work ethic of Convergent had earned it the title “the Marine Corps of Silicon Valley”. Some of the other founders had sold minicomputers to scientists and engineers, but no one knew or understood the unique class of applications and customers of supercomputers. A few days later Gordon became a founder.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As a founder, ask yourself – does your business actually warrant VC funding?

Early Stage 112

Early Stage Los Angeles Silicon Valley Cofounder 112

YoungUpstarts

MAY 5, 2014

Amazon founder and CEO Jeff Bezos calls it the “Two-Pizza Rule” — a team should be no larger than can be fed by two pizzas. Lean and hungry. Its unconventional strategy was to ask Judy Estrin, a young Silicon Valley technologist, to join its board. Blow up your bureaucracy and replace it with teams of 8 to 12 people.

Silicon Valley 164

Silicon Valley Technical Review Cofounder Lean 164

Startup Lessons Learned

AUGUST 19, 2019

We’ve spent a lot of time this past year running Lean Startup tests on our annual flagship conference to really nail down what you’re most interested in. Our goal—again, based on feedback—is to continue broadening the reach of Lean Startup and embracing the numerous ways people are using it.

Lean 68

Lean Programming San Francisco Silicon Valley 68

Startup Lessons Learned

AUGUST 26, 2009

Its easy to take Silicon Valley for granted. Ive written a little bit about the origins of Silicon Valley because I think its important for us to understand how we got here in order to make sure we preserve what is best about our community. But theres no denying the level of support for entrepreneurs that we enjoy.

San Francisco 113

San Francisco Silicon Valley Startup Continuous Deployment 113

Startup Lessons Learned

NOVEMBER 27, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Our fall webcast series concluded on a high note with three extraordinary conversations about the origins and implications of Lean Startup. Eric’s chat with Kent Beck was among our most entertaining webcasts ( video ; iTunes ; SoundCloud ). I find that very motivating."

Lean 165

Lean San Francisco Cofounder Programming 165

Both Sides of the Table

SEPTEMBER 10, 2021

They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. The legends of Silicon Valley?—?two two founders in a garage?—?(HP The most connected and high-potential founders start with wads of cash. each with partners as the lead.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Called Tim Spicer (c-companies partner) and he told him matt, they only want one thing, more warrant coverage!!! And he said ok got it.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Steve Blank

MARCH 29, 2010

Having a teaching partner makes life a lot easier and the class improves. But it wasn’t until Ann Miura-Ko joined me as a teaching partner that this “teach the model not the plan” idea jelled. After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner. Teaching Team.

Business Model 226

Business Model Silicon Valley California Engineer 226

Reid Hoffman

DECEMBER 10, 2020

These are really good founders and I think this is an interesting space.” Further, when additional people kept mentioning Airbnb to me and praising the founders, I should have asked myself how a smart, capable person would refine the idea.). Those two minutes showed me that Airbnb’s founders wanted to play in the big leagues.

Hosting 69

Hosting Hockey Stick IPO Silicon Valley 69

View from Seed

JULY 24, 2015

The invite-only event was attended by 300 of the area’s best tech leaders, founders, product managers, designers, developers, investors, engineers, salesmen and women, and more, all of whom are hard at work in consumer tech. We have companies in Chicago, San Francisco (and elsewhere in Silicon Valley), Omaha, and New York.

Boston 120

Boston Cofounder B2C PR 120

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 321

Colombia Lean Silicon Valley Coder 321

The Equity Kicker

APRIL 13, 2017

All founders could do was accumulate wise advisors and rely on their wits and instinct. It’s not the easiest read, but for the first time founders had a playbook they could follow. Thus it was that Eric Ries both extended Blank’s work and made it more accessible with the publication of The Lean Startup in 2011.

Lean 90

Lean Startup Silicon Valley Venture Capital 90

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

OCTOBER 3, 2014

— Its been three and a half years since I first designed and taught the Lean LaunchPad class and lots of water has gone under the bridge since then. Like in all our Lean Launchpad classes we teach a combination of theory coupled with intense and immersive experiential learning outside the classroom. The Autonomous Lawnmower.

Lean 272

Lean Silicon Valley Customer Development Incubator 272

Rob Go

SEPTEMBER 9, 2013

Founder Dialogues : Eric Paley plays talk show host on this recurring fireside chat style event that has featured Boston’s BEST founders. OnStartups: One of the largest online startup communities founded by HubSpot founder Dharmesh Shah. Boston Hardware Startup Meetup – Meetup organized by the founders of BOLT.

Boston 71

Boston Technical Review Community Cofounder 71

Steve Blank

DECEMBER 30, 2014

Our Lean Launchpad® for Life Sciences is one of them. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

JULY 2, 2015

My guests this past week on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Pete Newell , managing partner of BMNT Partners. John Kuhn , who works at BMNT Partners. Takashi Tsutsumi and Masato Iino , founders of Learning Entrepreneur’s Lab in Japan. Listen to my entire chat with John.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 271

Colombia Lean Silicon Valley Coder 271

500hats.com

AUGUST 2, 2012

note: apologies in advance for the west coast bias; i’m in silicon valley). First Round became a very active investor in consumer internet and e-commerce, on a rather lean investment budget, with several notable exits (including Mint.com to Intuit in 2009 for $170M).

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Startup Lessons Learned

MAY 14, 2018

My most recent book, The Startup Way , is all about the methods and tools big corporations, government, and non-profits can use to innovate: think of it as Lean Startup at scale. HYPERGROWTH : Success can be its own form of crisis. When a startup achieves product/market fit, it can be forced to grow extremely rapidly.

Investment Bankers 135

Investment Bankers Silicon Valley Government Lean 135

Steve Blank

JANUARY 25, 2010

And it shows your company’s cost structures, how each department interacts with the others and where your company fits with other companies or partners to implement your business. At Stanford, Ann Miura-Ko and I have been working on a simplified Silicon Valley version of this model. Who are our partners?

Agile 335

Agile Startup Silicon Valley Business Model 335

Startup Lessons Learned

NOVEMBER 4, 2015

Guest Post by Jennifer Maerz, Contributing Editor of Lean Startup Co., Here’s the thing about The Lean Startup methodology. At The Lean Startup Conference on Nov. The Lean Startup method helped Rocio and her co-founder get their idea off the ground, and to continue to grow this important business.

Kenya 60

Kenya Lean Community Africa 60

Steve Blank

JANUARY 17, 2016

Silicon Valley’s pay-it-forward culture means that others will help when you’re starting up. The show follows the journeys of founders sharing their experiences of what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Dave Kashen.

Silicon Valley 120

Silicon Valley North Carolina Cofounder Entrepreneur 120