Steve Blank

JANUARY 22, 2014

The cloud , open-source development tools and web 2.0 Today it’s dominated by capital efficient software, web and mobile startups whereas 10 years ago it was dominated by semiconductor and hardware startups that consumed huge amounts of capital before their first dollar in revenue. The Bend Experience. Lessons Learned.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Cracking the Code

OCTOBER 1, 2020

Snyk was founded with the mission to help developers make their code secure, providing a platform to automatically assess and remediate open source vulnerabilities. It took us longer to get into revenue, but the freemium was a real accelerator for us. A year in, we had great usage and no revenue. in just 30 months.

Early Stage 62

Early Stage Open Source Development Team Review Security 62

Scalable Startup

AUGUST 26, 2014

is the for-profit company founded by Dries Buytaert, the inventor of Drupal, to support his open source project. When Open Source software projects are launched, the progenitors often start a for-profit sister company to garner some income from training, support and consulting. Because they are open source.

Founder 42

Founder Los Angeles PHP Open Source 42

Steve Blank

FEBRUARY 25, 2010

Your job as a founder is to quickly validate whether the model is correct by seeing if customers behave as your model predicts. A Lean Startup is Eric Ries’s description of the intersection of Customer Development, Agile Development and if available, open platforms and open source. Customer Development In Context.

Customer Development 266

Customer Development Web Developer Customer 266

BeyondVC

APRIL 4, 2018

Couple that with Mulesoft being bought for 21x TTM revenue ( see Tomasz Tunguz analysis ) at $6.5 There will also be the few new SaaS app founders who have incredible domain expertise reinventing pieces of the old guard public SaaS companies. Their growth to over $509mm of revenue from $281mm 2 years ago is a case in point.

Cloud 60

Cloud Agile Architecture Azure 60

nikcub.appspot.com

MARCH 8, 2012

Finding a Technical Co-Founder. In the recent weeks, I have also had no less than three people email me and ask about finding a technical co-founder, which has also been a very frequent topic on the Hacker News forums. This can often lead to introductions to suitable people, or into networks where you can find a technical co-founder.

Cofounder 40

Cofounder Web Founder South Korea 40

Gust

JUNE 19, 2012

Tim Berry , Founder, Palo Alto Software. The 10 Best Sources of Cash to Start Your Business. Martin Zwilling , Founder and CEO, Startup Professionals. Tim Berry , Founder, Palo Alto Software. Martin Zwilling , Founder and CEO, Startup Professionals. Tim Berry , Founder, Palo Alto Software. June 19th, 2012.

Startup 180

Startup Forecast Angel Investor Software 180

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? Revenue-Based Flexible VCs.

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. One that is powered by three drivers, each of which is a part of a major trend: The use of platforms enabled by open source and free software. What are the characteristics of a lean startup?

Lean 168

Lean San Francisco Startup Continuous Deployment 168

SoCal CTO

MARCH 20, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Venture Capital 150

Venture Capital Technical Cofounder Southern California Los Angeles 150

SoCal CTO

MARCH 9, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

BeyondVC

JANUARY 3, 2019

Thanks to all of the amazing founders, advisors, co-investors, corporate partners, and others that helped make 2018 an amazing year. To that point, we are most excited when our founders are able to go from slide deck to product-market fit and Series A and beyond. AWS Reinvent Survivor Dinner with founders, Fortune 500 execs, and VCs.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

SoCal CTO

MARCH 20, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

SoCal CTO

MARCH 1, 2007

The articles I cited there around finding co-founders suggests that Ben is on the money. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? What I mentioned in Events and Networking in Los Angeles was that its somewhat hard in LA to count on networking events to build networks. No small task Ben.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

SoCal CTO

MARCH 13, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

crowdSPRING Blog

APRIL 13, 2011

An Interview With Twitter’s Forgotten Founder, Noah Glass – [link]. US newspaper revenues faced a 30% decline 2007-09. This analysis on Facebook open sourcing data center/hardware seems to miss the point – [link]. The 5 Dangerous Realities of Social Media for Business – [link]. Who are we?

Social Media 91

Social Media Small Business Design Media 91

Austin Startup

NOVEMBER 29, 2017

Tim O’Reilly, Founder at O’Reilly Media and promoter of open source and Web 2.0 Let’s have a look at what early stage founders can expect in terms of oxygen. Namely, windfall revenue from oil means that the Texas taxman does not collect personal or corporate income taxes (on the state level).

Early Stage 48

Early Stage Austin Silicon Valley Texas 48

SoCal CTO

MARCH 12, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Both Sides of the Table

MARCH 30, 2010

Both of his co-founders worked with him previously and both worked on ad management platforms. The next major entrant is the Android platform, an open source mobile operating system that has led to the introduction of several handsets that are based on this OS and many more to be released over time.

Mobile 282

Mobile Management Southern California Application Development 282

This is going to be BIG.

APRIL 27, 2010

So then, why are we teaching our students to trust fall without any revenues of their own to catch them? No revenues, no costs. You can tell me all you want about how many patents were filed at Columbia or wherever, or what they do in revenues—the future of the innovation in NYC is not in hard technology.

New York 116

New York CTO Hire Technical Review New York City 116

SoCal CTO

MARCH 20, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? MyShape Article - Analyst Misses the Point Map of VC Investments Open Source Business Model Entreprenuer Network ► February (10) Southern California Tech Central Southern California Tech Central Loading.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

SoCal CTO

MARCH 22, 2007

Open Source Business Models, speakers for Web 2.0 ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Where I use LinkedIn: * I definitely use LinkedIn for Specific Requests - Ex. event I did last fall. LinkedIn has been great to keep track of people I know and their current contact information.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. If they don’t, then the management team has simply become caretakers of the founders’ legacy. Other smart companies are learning how to use Open Innovation pioneered by Henry Chesbrough who teaches here at EDADE. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Both Sides of the Table

JULY 16, 2010

You don’t need to buy expensive software – there are free open source solutions for nearly everything. Revenue must come from a primary source (as opposed to advertising or other third party sources). You don’t need to buy hardware – there’s Amazon AWS. Team must be purely technical.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

JANUARY 25, 2010

As a founder you start out with: 1) a vision of a product with a set of features, 2) a series of hypotheses about all the pieces of the business model: Who are the customers/users? Your job as a founder is to quickly validate whether the model is correct by seeing if customers behave as your model predicts. Who are our partners?

Agile 335

Agile Startup Silicon Valley Business Model 335

Startup Professionals Musings

JUNE 18, 2012

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Here are a few examples: Setting up the business.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

JULY 16, 2012

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Startup Professionals Musings

FEBRUARY 15, 2011

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Here are a few examples: Setting up the business.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

The Next Web

AUGUST 2, 2013

Work for Pie , a startup for helping open-source developers get hired, today announced it will be shutting down on August 31. Nevertheless, the startup tried to break it down into four points: Work for Pie isn’t generating enough revenue to allow us to continue working on it full time. Top Image Credit: Dennis Wilkinson/Flickr.

Memphis 114

Memphis Hiring Open Source Developer 114

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? Unfortunately they will be very expensive (30-50% or more of gross revenue). The best early PR is a product that people actually love plus a genuine story to tell from the founder. He basically outsources everything.

Software Review 65

Software Review Offshore Startup Boston 65

Startup Professionals Musings

MAY 1, 2011

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?)

San Francisco 167

San Francisco CPA SEM CTO Hire 167

The Next Web

NOVEMBER 16, 2013

Adam Arbolino is the co-founder and CTO of DesignCrowd.com , a logo, web and graphic design marketplace. With the growth of open-sourced platforms and advent of ‘freemium pricing models’, the time to try is now. Start networking and find a co-founder who shares your vision, and brings skills that are different from your own.

Cofounder 159

Cofounder Analytics Java PHP 159

David Teten

NOVEMBER 14, 2019

I wrote recently about Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? Since then, I’ve talked with a number of other firms, and greatly expanded my database: Who are the major Revenue-Based (RBI) Investing VCs? A similar, open-source, highly visual tool focused on VC is Venture Dealr.

SBIC 60

SBIC SBA Cap Table Database 60

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 1970 – 1995: The Golden Age. Thus began the 5-year dot-com bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

Mucker Lab

APRIL 6, 2023

What should an early-stage startup founder focus on if they want to implement PLG? What should the founder avoid if they want to implement PLG? But for early stage founders, I think there are two particular scenarios where PLG can be really helpful. What do you feel like early stage startup founders should focus on first?

Product 78

Product CTO Hire Startup Fractional CTO 78

Gust

JULY 8, 2012

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177