Steve Blank

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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. The Government Can’t Act Like a Startup.

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Playing With Fire – ChatGPT

Steve Blank

government seriously considered international control over the development of nuclear weapons. Simultaneously, new startups are forming, and venture capital is already pouring money into the field at an outstanding rate that will only accelerate the impact of this generation of AI. In the U.S. Post WWII in 1946 the U.S.

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Is a Venture Studio Right for You?

Steve Blank

He said that from what he read, the path to building and funding a company seemed to be: 1) come up with an idea, 2) form a team, 3) start testing minimal viable products, 4) raise seed funding, 5) then obtain venture capital. In return for the lower risk, a venture studio typically takes a larger percentage of equity.

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The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

government has been running one of the most audacious experiments in entrepreneurship since World War II. government agency that supports research in all the non-medical fields of science and engineering. Over the last two months the U.S. They launched an incubator for the top scientists and engineers in the U.S. billion U.S.

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Is the Lean Startup Dead?

Steve Blank

When Netscape went public, it unleashed a frenzy from the public markets for anything related to the internet and signaled to venture investors that there were massive returns to be made investing in anything internet related. After the crash, venture capital was scarce to non-existent. Then one day it was over. IPOs dried up.

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The Helsinki Spring

Steve Blank

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. a government that’s trying to help, but gets in the way.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors.