Steve Blank

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Is a Venture Studio Right for You?

Steve Blank

They then transfer the IP and build the startup inside the venture studio. A niche studio is a standalone venture studio that generates its own ideas and IP in a specific industry and domain – for example Flagship Pioneering , which is focused on health care and incubated LS18 — the company that became Moderna.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations. If the startup is acquired for its IP, talent or revenue, it should be rapidly integrated into the acquirer. Lessons Learned.

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Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

Doing so meant they would have to take risks for IP acquisition and customer/market risks outside their experience or comfort zone. However, they need to match a top-level (board, CEO, exec staff) agreement on strategy and structure. Lessons Learned. We now have the tools to build successful corporate entrepreneurship programs.

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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles that every initiative needs to match our existing business financial metrics, processes and procedures. As a result, few people want to start a project that might not succeed. and how to price the product.

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The LeanLaunch Pad at Stanford – Class 8: Key Resources, Activities and Expense Model

Steve Blank

Their value proposition was to provide service matching, capacity planning and usage monitoring & control. Any IP you need to license? The Agora Cloud Services team was now making a tool set for managing Amazon Web Services cloud compute usage. They believed their tools could save customers 30% of their Amazon bill.

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How to Avoid Innovation Theater: The Six Decisions To Make Before Establishing an Innovation Outpost

Steve Blank

Startups are developing IP relevant to the disruption. If the innovation threats the company faces do not match these, the corporation may need a different approach to addressing the disruption such as making a large scale acquisition, e.g., VMWare’s acquisition of Nicira , merger, or outright selling itself, e.g., EMC’s sale to Dell.

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Artificial Intelligence and Machine Learning– Explained

Steve Blank

Instead of building a model from scratch you can now buy , for common machine learning tasks, pretrained models from others and here , much like chip designers buying IP Cores.). Their real-world performance generally degrades over time if they are not updated regularly with new training data that matches the changing state of the world.