Steve Blank

MARCH 31, 2014

Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Ask Sony about Samsung, ask any retailer about Amazon, any car company about Tesla, and any newspaper company about the web.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

DECEMBER 20, 2011

These weren’t 22-year olds who wanted to build a social shopping web site. The gamble was that we could train Professors doing hard-core science, who had never been near a startup or Silicon Valley, to get out of the building and talk to customers and Pivot as easily as someone at a web startup. The Innovation Corps Startup Team.

Incubator 301

Incubator Government Silicon Valley Lean 301

Steve Blank

NOVEMBER 1, 2011

Today, you can start a web/mobile/cloud startup for $500,000 and have money left over. We want to find someone who has a lot of consumer internet product experience as either product manager, founder, VP Product, etc. Then take a year and $250-500K to start and run a mobile/web/cloud company. Here’s why. ——-.

Venture Capital 332

Venture Capital Early Stage Technical Review Startup 332

Steve Blank

NOVEMBER 11, 2021

Today, the Internet has eliminated most of those obstacles. Use the web to find generic advice. How did they learn to do this rather than stay in their heads? When I was an entrepreneur a face-to-face meeting or a phone call was the only way to get advice. That was a barrier to many. Don’t spend a lot of time obsessing.

Customer 395

Customer Lean Entrepreneur Internet 395

Steve Blank

AUGUST 13, 2009

It took me 8 startups and 21 years to get it right, (and one can argue success was due to the Internet bubble rather then any brilliance.) No internet, no blogs, no books on startups, no entrepreneurship departments in universities, etc. It took lots of trial and error, learning by experience and resilience through multiple failures.

Silicon Valley 179

Silicon Valley RSS Technical Review Lean 179

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. Out of that total, they funded 967 Internet deals with $6.7 Out of that total, they funded 268 Internet deals with $3.2 To compare the two, in 2011 U.S.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

JANUARY 4, 2010

The Web and Startups. The Internet has created a series of new and innovative business models. Herein lies the confusion; not every business on the web can scale big. The good news is that there is an emerging class of investors who are more than happy to fund and flip Web small businesses.).

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. Out of that total, they funded 967 Internet deals with $6.7 Out of that total, they funded 268 Internet deals with $3.2 To compare the two, in 2011 U.S.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

JANUARY 21, 2016

Because Lean Startup methods, Crowdfunding, Amazon Web Services and the Internet that connects us all, is bringing the cost of failure to zero. . You and I know lots of people who made the time – sometimes from 9 pm to 2 am – to get started working on their dream. I always tell people … “99.9%

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

SEPTEMBER 14, 2009

The boom in Internet startups would last 4½ years until it came crashing down to earth in March 2000. The valuations for acquisitions were nothing like the Internet bubble, but there was a path to liquidity, difficult as it was. Perhaps in direct proportion to the number of “freemium” and “eyeballs” web deals funded.)

Silicon Valley 217

Silicon Valley Technical Review IPO Venture Capital 217

Steve Blank

MARCH 15, 2010

I’m off the web for the next week or so. I’m in a place with no cell or internet coverage. Back blogging by the end of March. Filed under:

Internet 149

Internet Web 149

Steve Blank

JUNE 1, 2011

While that’s great when you showed up in your horse and buggy, the strategy-to-tactic-to implementation lag is painful at Internet speeds. In the age of the Internet why do we need to get together in one room on a fixed schedule? Not Real-time. Startup board meetings occur every 4-6 weeks. The Wrong Structure. Rockefeller.

Silicon Valley 290

Silicon Valley Venture Capital Business Model Balance Sheet 290

Steve Blank

JUNE 1, 2011

While that’s great when you showed up in your horse and buggy, the strategy-to-tactic-to implementation lag is painful at Internet speeds. In the age of the Internet why do we need to get together in one room on a fixed schedule? Not Real-time. Startup board meetings occur every 4-6 weeks. The Wrong Structure. Rockefeller.

Silicon Valley 258

Silicon Valley Venture Capital Business Model Balance Sheet 258

Steve Blank

DECEMBER 7, 2009

Welcome to the Internet bubble.) It is web-based, fast and easy and soon to may be available on the iPhone. I am currently a young entreprenuer working on my first web-based start-up and I am using the Customer Development model Ash uses. Here was a competitor who had appropriated our idea and gotten funded.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

APRIL 15, 2011

This week they were testing one of the most confusing sections of a company’s business model – Customer Relationships - the activities used to “Get, Keep and Grow” customers in a physical or virtual (web or mobile) channel. If their team was a web or mobile app they actually had to buy Google or Facebook ads and create demand.).

Customer 247

Customer Cloud EC2 Channel 247

Steve Blank

JUNE 22, 2011

Ben and his partner Marc Andreessen (the founder of Netscape and author of the first commercial web browser on the Internet ) are the definition of Smart Money. I’ve followed them with a few observations about the Internet that may help frame the scope of the debate. The Internet May Liberate Us. The Internet May Kill Us.

Internet 295

Internet Silicon Valley United States Poland 295

Steve Blank

JUNE 17, 2011

The major adoption wave for the Internet technology platform will hit in the next 8 years; 3) the economics of building Internet businesses has changed; 4) the markets are much bigger. Do the new wave of social/web/mobile/cloud companies going public have valuations which exceeds their fundamental value by a large margin?

Investment Bankers 310

Investment Bankers Valuation Stock Venture Capital 310

Steve Blank

FEBRUARY 3, 2016

From 2011 to 2015, Carmen was a member of Deloitte Federal Consulting serving as senior advisor and mentor to Deloitte’s flagship innovation program, GovLab, sponsoring research on Bitcoin, Millennials, and the impact of the Internet of Things on government. . Intellipedia helped show the way for many other “Web 2.0”

Wiki 120

Wiki Entrepreneur Cofounder Government 120

Steve Blank

JUNE 15, 2011

Some precursors to the bubble happened when Chinese Internet companies listed on United States stock exchanges. No one doubts that social networks and web and mobile applications are reinventing commerce. It sent a signal that there is an irrational demand for tech IPOs. billion at the end of the first day (on $58.9

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Steve Blank

SEPTEMBER 3, 2009

Marketers believe creating a killer web presence, corporate presentation, are objectives. While the product is being engineered, Marketing begins to create web sites, corporate presentations and sales materials. All this leads up to a flurry of press events and interviews, all geared to the product/web site launch date.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Steve Blank

JANUARY 26, 2016

Today these potential adversaries are able to harness the power of social networks, encryption, GPS, low-cost drones, 3D printers, simpler design and manufacturing processes, agile and lean methodologies, ubiquitous Internet and smartphones. They are experts in leveraging Web 2.0

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Steve Blank

MARCH 25, 2011

Most companies were buying Amazon Web Services and were looking for value-added services that simplified their cloud activities. The Wind Turbine Minimum Viable Product would have a: Functioning turbine, Internet feedback system, energy monitoring system and have easy customer installation.

Cloud 228

Cloud Intellectual Property Lean Customer Development 228

Steve Blank

APRIL 20, 2021

For software products, they would be the operating systems with big market shares: iOS, Android, web, Mac, and PC. Most people only know Roku for their TV devices, but Roku initially shipped an audio device for Internet radio stations and a PhotoBridge product to get digital photo libraries to the TV.

Product 436

Product Viral Channel San Francisco 436

Steve Blank

SEPTEMBER 1, 2011

In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion. Small businesses are grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. There are 5.7 They make up 99.7%

Government 335

Government Silicon Valley Startup Venture Capital 335

Steve Blank

NOVEMBER 2, 2009

Preserve your cash: When you have unlimited cash (internet bubbles, frothy venture climate,) you can iterate on your mistakes by burning more dollars. This is the most important sentence in this post and worth deconstructing.

Lean 244

Lean Silicon Valley Startup RSS 244

Steve Blank

JULY 13, 2009

The Digital Dream Team Way before the Internet phenomenon, we had created “Rocket Science the brand ” that was much bigger in size and importance than Rocket Science the company. I do not want to necessarily start a flame war about particular creations of “Web 2.0 Reply Leave a Reply Click here to cancel reply. Order Here.

Silicon Valley 122

Silicon Valley Product RSS California 122

Steve Blank

FEBRUARY 18, 2010

Categories and indexes on the web pages aren’t quite the right metaphor or substitute for random access. So bowing to popular demand the 2009 blog posts are now available on Amazon on a portable device which provides instant and random access to any post and does not require power or an internet connection. Recursive History.

Silicon Valley 202

Silicon Valley Customer Development IP Developer 202

Steve Blank

JUNE 10, 2014

“Oh, what a tangled web we weave…when first we practice to deceive.”. After 30 years in Silicon Valley I thought I knew what a developer was: a software programmer building a web site, app, game, firmware, etc. Walter Scott, Marmion. For six and a half years I served as a public official on the California Coastal Commission.

Southern California 315

Southern California Developer California Los Angeles 315

Steve Blank

DECEMBER 23, 2015

They were web-based, so I got my mom to sign the paperwork because I was only 13 and then … I got set up. Jason : Yellow Pages, I had an ad in the Yellow Pages, it’s funny because this was all pre-2000… there was Internet, but … I had a dial-up connection. At 13 he tried yet again: My next venture was a travel agency. …

Cofounder 120

Cofounder Entrepreneur Colorado Customer Development 120

Steve Blank

AUGUST 24, 2009

If you’re a startup raising money or just want to see your name online, there’s not a better blog on the web. Anybody with a sense of how the Internet works should have known that they couldn’t commit such open fraud on this scale and expect to get away with it. Instead, this is a culture clash.

Silicon Valley 184

Silicon Valley PR Technical Review RSS 184

Steve Blank

AUGUST 5, 2013

What if you could think like an expert on any topic in a matter of minutes, instead of after hours of inefficient web browsing? We assumed our customers would be any smart Internet users looking to make a decision—granted, an extremely broad customer segment. Granted, the idea was a little crazy.

Lean 293

Lean Agile Customer Development SEO 293

Steve Blank

JUNE 11, 2013

In times of unlimited cash (internet bubbles, frothy venture climates) you can fix your mistakes by burning more dollars. The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? When to raise money.

Venture Capital 333

Venture Capital IRR Liquidity Event Business Model 333

Steve Blank

JUNE 11, 2013

In times of unlimited cash (internet bubbles, frothy venture climates) you can fix your mistakes by burning more dollars. The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? When to raise money.

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

Steve Blank

NOVEMBER 30, 2009

» 25 Responses Mark Soper , on November 30, 2009 at 6:55 am Said: Steve, I’m working on a consumer internet product concept at the customer discovery phase. reminds us that Customer Development is not just collecting web metrics and it’s not about focus groups.

Customer Development 278

Customer Development Developer Customer Silicon Valley 278

Steve Blank

JUNE 29, 2009

I really enjoy your posts – thank you for taking time to place your experiences up on the web. No internet, no blogs, no books [.] Good for you!!! Thank you for the example of how we should approach adversity. Thank you again. Reply Touching the hot stove | Hot Trends 2 Tweet , on August 14, 2009 at 7:28 am Said: [.]

Agile 245

Agile Silicon Valley RSS California 245

Steve Blank

JULY 6, 2016

That’s what you had to do then before the Internet. If you go to countries where the Web is heavily regulated, people’s access to different content is blocked or prohibited. . That was a powerful way of spreading ideas. Steve : Facebook, Twitter messenger, Instagram, etc.,

North Korea 132

North Korea SEC Silicon Valley Entrepreneur 132

Steve Blank

NOVEMBER 11, 2020

Which is, do we let a spy agency safeguard us domestically at home on the internet? I’m not sure if there’s a good answer to how would I balance the reality that it’s a totally insecure, wild, wild west on the Internet, with the idea that the privacy and anonymity of the Internet, in many countries, is really important.

Technology 306

Technology Security Internet Video 306