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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Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy

Steve Blank

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) Type of IP. _. Your intellectual property may be an additional revenue stream or may add substantial value to your company. For some of these assets, you get protection automatically. Examples. _.

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

Next we teach Distribution Channels (how are you going to sell the product) and Customer Relationships (how do you Get/Keep/Grow customers) and Revenue Streams (what’s the Revenue Model strategy and pricing tactics.) You get an introduction to reimbursement early here, while the details are described later in the “Revenue” lecture.).

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

buy out an entire company for its revenue and profits. These include the product itself, the customer, the distribution channel, revenue model, how to get, keep and grow customers, resources and activities needed to build the business and costs.). If they decide to buy, large companies can: license/acquire intellectual property.

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Lessons Learned in Diagnostics

Steve Blank

Part 7: Revenue Streams in Life Sciences. It includes reimbursement, regulation, IP, validation, channel access, etc. Part 4: This Will Save us Years – Customer Discovery in Medical Devices. Part 5: Value proposition and customer segments in Life Sciences. Part 6: Distribution channels in Life Sciences.

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Is This Startup Ready For Investment?

Steve Blank

The heart of the therapeutics IRL also required “Proof of relevance” – was there a path to revenues fully articulated, an operational plan defined. Finally, did the team understand the key therapeutic liabilities, have data proving on-target activity and evidence of a therapeutic effect. Diagnostics.

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Lesson Learned in Medical Devices

Steve Blank

Part 7: Revenue Streams in Life Sciences. If they didn’t have a compelling value proposition for the insurers (cost savings, increased revenue, etc.) In medical devices, understanding reimbursement, regulation and IP is critical. Part 4: This Will Save us Years – Customer Discovery in Medical Devices. Lessons Learned.

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