Startup Professionals Musings

JULY 14, 2014

According to a Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don''t attract investors failing within the first three years. Join a startup incubator. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months.

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Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Join a startup incubator. Only one-third make it past their tenth anniversary.

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Intellectual Property Technical Review Startup Incubator 134

David Teten

SEPTEMBER 6, 2015

She had so much insight to share that we broke the interview into two parts, 1) Corporate Venture Capital and more broadly, 2) How the Fortune 500 Can Buy, Invest and Partner with the Innovation Economy (coming soon). . Our discussion focus is corporate innovation: how do corporate venture funds help corporations innovate better?

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Venture Capital Balance Sheet Technical Review Portfolio 60

Steve Blank

SEPTEMBER 1, 2021

The idea of exploitation versus exploration was central in my own work in building the lean methodology for start-ups. Today, lean is the de facto method for building new start-ups. To be truly successful at ambidexterity firms must master the new skills of ideation, incubation, and scaling. Companies that survive do both.

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Incubator Lean Agile Business Model 420

Startup Professionals Musings

JULY 1, 2017

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Nevertheless, it’s an option that doesn’t cost you equity.

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Product Development Cost Developer Product 177

Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Join a startup incubator. In reality, the financing valley of death tests the commitment, determination, and problem solving ability of every entrepreneur.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. Lean LaunchPad teaches entrepreneurs, to test their business model until they find customers who are eager to buy, and a business model that scales profitably and repeatedly.

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Japan Customer Development Developer Customer 306

ReadWriteStart

JUNE 1, 2020

Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? Incubators and Accelerators. Then we have startup platforms like incubators and accelerators. Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Crowdfunding.

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Startup Entrepreneur Elevator Pitch Seed Stage 150

Austin Startup

MAY 11, 2017

645 Ventures: A New Era of Venture Capital Investing Arena Growth Partners We help great leaders build great businesses. Aspect Ventures | Aligned VC We believe that the interests of investors and entrepreneurs can and should be aligned. For most of us, we have been the only woman partner or senior executive in our firm.

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Private Equity Venture Capital Technical Review Seed Stage 48

Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Because these Lean Startup people, they do crazy stuff,” Alex joked. “So

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Lean Startup CTO Hire Cofounder 245

Steve Blank

MAY 30, 2016

Understanding the left-side of the mission model canvas ( activities, resources , partners , and costs) forces all teams to ask, “Are we building a product for a DOD/IC customer only or do we have a “dual-use” product that could be sold commercially and get funded by venture capital?”. This post is a continuation of the series.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

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Lean Internet Silicon Valley Venture Capital 266

Steve Blank

JUNE 27, 2024

We just finished the 14th annual Lean LaunchPad class at Stanford. Below are the Lessons Learned presentations from the spring 2024 Lean LaunchPad. Unlike an incubator or accelerator with no frame, the canvas acts as the connective tissue – the frame – that students can fall back on if they get lost or confused.

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Lean Cofounder Silicon Valley Video 193

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. The easy part is, “Let’s have an incubator.” And the Lean LaunchPad class I developed at Stanford was the first such class. Worth a read. Interview highlights: How is the way that universities teach entrepreneurship evolving? Mission-Driven Entrepreneurship. .

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Incubator Lean Programming Government 333

crowdSPRING Blog

SEPTEMBER 19, 2014

The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7. Bad Notes on Venture Capital – crowdspring.co/1u3NJvn. Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA. 1871 Ranks 9th In The World In Survey Of Business Incubators – crowdspring.co/Xe1N6Y.

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Social Media Small Business Design Media 94

YoungUpstarts

JANUARY 21, 2014

For current founders, in our hyper-pressurized worlds of being incubated, accelerated, and constantly switching modes between pitching and executing, how do we successfully navigate the labyrinth to success? by Melissa Thompson, CEO of TalkSession. 2014 will be a formative year for new business owners and early-stage entrepreneurs.

Entrepreneur 210

Entrepreneur Startup Balance Sheet Non-Compete 210

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. data that investors, accelerators and incubators can use to inform selection. But the ‘ah-hah!’

Sacramento 315

Sacramento Framework Lean Customer Development 315

YoungUpstarts

JANUARY 14, 2013

It recently announced the results of its incubator program – and the results look promising. The startup accelerator also announced that it will incorporate lean startup methodology as a key aspect in its upcoming program, and will be the first in Europe to do so.

Silicon Valley 231

Silicon Valley Europe Venture Capital Incubator 231

Steve Blank

APRIL 7, 2011

Venture Capital ; met with the local hardware/software venture capital firm. Incubators : toured the TechArb , the engineering student accelerator, and the Michigan Venture Center in the University’s Tech Transfer Office. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

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Michigan Silicon Valley Venture Capital Incubator 316

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.

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San Diego North Carolina Chicago Lean 268

Steve Blank

AUGUST 20, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? Venture Capital Issues. Early stage Venture Capital for medical device startups has dried up. Venture Capital. And why you ought to take this class.

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Startup Venture Capital Lean IPO 304

Steve Blank

FEBRUARY 12, 2015

And come to think of it, in the Search phase, there are Incubators and Accelerators and even your Lean LaunchPad/I-Corps class, to give us practice. As we finished our coffees, Patrick said, “Thanks for the advice, though I wish someone had a methodology as simple as the Lean Startup for how to scale my company.”.

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Startup Lean Venture Capital Advisory Board 120

Up and Running

JULY 28, 2020

Venture Capital and Angel Investment. Venture capital or angel investments are individuals or firms that are willing to pump funds into startups. This is another unique funding option that is really primed for startups or those working within an incubator. Pitch competitions.

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Small Business SBA Bootstrapping Venture Capital 118

This is going to be BIG.

APRIL 27, 2010

It took me all of 45 minutes to setup the program—I wrote up a syllabus for 5 sessions, solicited feedback from a dozen or so product managers I knew (most of whom volunteered to speak), and called up Micah at the NYU/Poly Incubator to get the space. How does the average Lean Startup Meetup get event space at a school?

New York 114

New York CTO Hire Technical Review New York City 114

The Next Web

SEPTEMBER 13, 2013

The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas. Golden Gate Ventures , Jungle Ventures , etc.), the large government-linked corporations setting up their own venture arms (e.g. Where are all of the VCs in Asia?

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Asia Silicon Valley India Term Sheet 132

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Steve Blank

OCTOBER 10, 2017

Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. He wanted to build an innovation pipeline that would allow the Navy to: Create “dual-use” products (build solutions that could be used for the military but also sold commercially, and attract venture capital investments.)

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Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. With new micro VC entrants into to early-stage investing plus increased competition from angels, incubators and the like – traditional VCs have taken notice.

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Venture Capital Software LP Early Stage 296

Steve Blank

DECEMBER 17, 2015

In the second stage, it moves into Investing, Inventing, Incubating and Acquiring technologies and companies, and in the third stage building product(s ). Academics, consultants, incubators. Companies often initially staff their innovation outpost with a venture investing group. Silicon Valley, Boston).

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Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

JULY 29, 2016

And that the Lean Innovation tools we’ve built to deal with disruption and create continuous innovation for large commercial organizations were equally relevant here. But using Lean Innovation they’ll fail quickly and cheaply. Portfolio: In Horizon 3, the Navy is essentially incubating a startup. And not just one.

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Syria Silicon Valley Afghanistan Iran 120

Steve Blank

AUGUST 17, 2009

on August 18, 2009 at 4:39 am Said: [.] The Secret History of Silicon Valley Part X: Stanford Crosses the Rubicon (steveblank.com) [.]

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Silicon Valley RSS California Government 159

Steve Blank

MAY 16, 2016

This results not in innovation, but in Innovation Theater – lots of coffee cups, press releases, incubators and false hopes, but no real disruptive changes. Examples are a company-owned manufacturing facility, big data or machine learning engineers, DOD proposal writers, venture capital, etc. makes an appearance in the class.

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San Diego Metrics Indonesia Silicon Valley 147

Up and Running

APRIL 1, 2015

The startup takes off, raising venture capital funds faster than you can say “storybook ending.”. million in venture capital —and they continue to grow, with plans for a mobile app and potential overseas expansion. An unlikely combination: Poker winnings and venture capital. See Also Market Research.

Venture Capital 60

Venture Capital Startup Cofounder Chicago 60

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement.

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Lean Nepal Cofounder Customer Development 331

Eric Friedman

JUNE 16, 2016

Frameworks of Success: Expa will provide guidance and coaching (that’s me!) + leverage the team, and lean on the frameworks we have seen work in other Expa Studio companies. I sat with folks who never raised a dime of outside capital, and got their thoughts on the early days of their companies life.

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Founder Framework Limited Partner Programming 60

Bryce Dot VC

NOVEMBER 19, 2012

Since that first fund super angels have sprouted wings, accelerators have been, um, accelerating company formation and incubators have stopped being a 4 letter word. As a seed investor, we’ve always leaned towards larger rounds in favor of giving our founders at least 18 mo of runway with no revenue.

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Seed Stage LP Incubator Venture Capital 61

Seeing Both Sides

APRIL 30, 2012

When I entered the VC business 10 years ago, I tried to keep thinking about venture capital as a business, where the key focus area was on meeting the needs of our target customers -- entrepreneurs and limited partner investors. requiring less capital), smart investors adjust to meet those new needs.

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Due Diligence Lean Incubator Limited Partner 50