Both Sides of the Table

SEPTEMBER 22, 2012

“Why do founders want to take the VCs’ money? “Lean” is great in the early days but if you discover an attractive market opportunity you need to get “fat” really quickly or somebody else will. And the wrong message is frankly strewn all over Silicon Valley. Growth, again.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Steve Blank

JANUARY 21, 2015

I was in New York last week teaching my annual 5-day version of the Lean LaunchPad class at the Columbia Business School. I was struck by something that had been slowly percolating through my head during my entire week – there are a higher percentage of women on the founding teams of New York City startups than in Silicon Valley.

Silicon Valley 120

Silicon Valley New York City New York Venture Capital 120

Startup Lessons Learned

SEPTEMBER 17, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Entrepreneurs beyond Silicon Valley, including those working abroad, often have to retool Lean Startup methods to apply them in places with very different business cultures. On September 24 in the U.S. Here’s what they had to say.

Silicon Valley 168

Silicon Valley Lean Puerto Rico Japan 168

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. Convergent Technologies was one of those OEM suppliers. Their engineers hated us.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

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. Clips from their interview are below.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. Producers of the technology shake out or fail.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Goals for the Hacking for Defense Class.

Oakland 301

Oakland Asia Lean Video 301

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

JULY 30, 2014

I’ve been spending some time with large companies that are interested in using Lean methods. Two methods, Design Thinking and Customer Development (the core of the Lean Startup) provide the tactical day-to-day process of how to turn ideas into products. . No one size fits all.

Customer Development 335

Customer Development Design Developer Customer 335

View from Seed

MARCH 1, 2016

The Kudzu, and other invasive species, are disruptive technologies — the ecosystem it was introduced into didn’t stand a chance against it, because they never had a chance to co-evolve against it- and so it runs rampant. Trying to recruit a co-founder or key-employee? million acres of land. We are raising this seed to go do X”….

Founder 120

Founder Technical Review Cofounder Non-Compete 120

Steve Blank

OCTOBER 19, 2009

He would go on to be a co-founder of two mechanical engineering software companies.) They knew the technology trendsetters in their fields and got us in front of them. Back in the 1960’s and 70’s no sane MBA’s would work for a Silicon Valley startup.) Steve Blanks 30 years of Silicon Valley startup advice.

Engineer 198

Engineer Silicon Valley Part-Time VPE Advisory Board 198

Steve Blank

SEPTEMBER 7, 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. Moreover, since the first CEO was likely to have been one of the founders, the trauma of CEO removal begins. innovation.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Steve Blank

OCTOBER 5, 2009

It was the best of times, it was the worst of times Ardent would be my third technology company as a VP of Marketing (Convergent Technologies and MIPS Computers were the other two.) It was my ex boss from Convergent Technologies, “Steve we’ve all just resigned from Convergent and we’re starting a new company.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

The Next Web

MARCH 11, 2014

Even its founders couldn’t quite describe it, let alone foresee what it would become. With each one, they learn and invest in technology for their next idea. For the past year, they invested in the team and technology to prioritize speed of iteration with disregard to traditional methods of customer development and company building.

Silicon Valley 151

Silicon Valley Cofounder Stock Options Mobile 151

Startup Lessons Learned

NOVEMBER 4, 2008

Lessons Learned by Eric Ries Tuesday, November 4, 2008 Principles of Lean Startups, presentation for Maples Investments Image via Wikipedia Steve Blank and I had the opportunity to create a presentation about lean startups for Maples Investments. My path to lean startups began with Kent Beck and extreme programming.

Lean 102

Lean San Francisco Agile Continuous Deployment 102

Steve Blank

APRIL 6, 2009

Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in Silicon Valley working for my first company: ESL. Communism being a bad science experiment) ESL’s founder Bill Perry was moving the chess pieces. If you think the Cold War turned out the right side up (i.e.

Silicon Valley 171

Silicon Valley Stealth RSS California 171

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. The first question to ask is: “Does your startup have market risk or is it dominated by technical risk?” Lean Startup /Customer Development is used to find answers to the unknowns about customers and markets.

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

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. Dino and I kept in touch as he moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. 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

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. Producers of the technology shake out or fail.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Steve Blank

MAY 30, 2016

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. His work at ESL made him one of the 10 founders of National Reconnaissance.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Both Sides of the Table

SEPTEMBER 10, 2021

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Technology solutions are now used by authoritarians to monitor and control populations, to stymie an individual company’s economic prospects or to foment chaos through demagoguery. two founders in a garage?—?(HP

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

crowdSPRING Blog

MAY 3, 2012

Lean Marketing: Delivering Customer Service via Social Media - [link]. Lean Marketing: Delivering Customer Service via Social Media - [link]. Traits of successful founders - [link]. Startup Founders: Don’t Freak Out - [link]. Startup Founders: Don’t Freak Out - [link].

Social Media 94

Social Media Small Business Design Media 94

Startup Lessons Learned

DECEMBER 22, 2018

So much happened when the Lean Startup Community came together in Las Vegas last month for this year’s conference that I’m still processing it all. It was great to see so many of you there, and in particular to talk with so many different kinds of Lean Startup practitioners.

Las Vegas 83

Las Vegas Lean Startup Silicon Valley 83

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

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 110

Early Stage Los Angeles Silicon Valley Cofounder 110

Steve Blank

FEBRUARY 23, 2009

The same issues arose time and again: big company management styles versus entrepreneurs wanting to shoot from the hip, founders versus professional managers, engineering versus marketing, marketing versus sales, missed schedule issues, sales missing the plan, running out of money, raising new money. To Order Outside of the U.S. Now In Print!

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

Steve Blank

MAY 28, 2009

Markets with Invention Risk are those where it’s questionable whether the technology can ever be made to work – but if it does customers will beat a path to the company’s door. are much more differentiating than technology. Technology can often be dealt with through a press release (at least perception).

Vertical 144

Vertical Silicon Valley Marketing Customer 144

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. In 1989, FedEx knew that it needed to update its old, slow technology. Its unconventional strategy was to ask Judy Estrin, a young Silicon Valley technologist, to join its board.

Silicon Valley 164

Silicon Valley Technical Review Cofounder Lean 164

crowdSPRING Blog

NOVEMBER 30, 2012

The Founders Lie About Comfort Zones – [link]. Investors Need to Lose Their Egos and Founders Need to Gain Some Confidence – [link]. The problem with a Lean Startup: the Minimum Viable Product | Paul Kortman – [link]. In Silicon Valley, Technology Talent Gap Threatens G.O.P.

Social Media 100

Social Media Small Business Central African Republic Design 100

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

Startup Lessons Learned

AUGUST 2, 2008

Lessons Learned by Eric Ries Saturday, August 2, 2008 Paul Graham on fundraising I have found no better primer on the current realities of starting a new technology company in a startup hub like Silicon Valley than Paul Grahams essays. Its to everyones advantage to let the world think the founders thought of everything.

San Francisco 125

San Francisco Software Review Technical Review Continuous Deployment 125

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. While we’re excited by the results, we’ve realized that we’ve been solving the problem for the 1% of new ventures that are technology startups.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. The best and most consistent funds in Silicon Valley (e.g. Staying “lean&# is not an option. Others will, too.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

MAY 11, 2009

I didn’t recognize the behavior at the time, but anyone who loves technology and gadgets has at one time or another has bought a technology toy – USB memory sticks, iPod Shuffles, umbrellas with LED lights, alarm clocks that talked, Flip Video Cameras, etc. Steve Blanks 30 years of Silicon Valley startup advice.

Video 164

Video Silicon Valley RSS California 164