Steve Blank

JANUARY 17, 2023

Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. Instead, they search and pivot until product-market fit is found. They then transfer the IP and build the startup inside the venture studio. How Venture Studios Work.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

Steve Blank

APRIL 23, 2014

Is the Potential Acquisition Searching or Executing? Remember, the definition of a startup is a temporary organization designed to search for a repeatable and scalable business model. ( Startups are those companies that are still in the process of searching for a business model. Predicting Success or Failure of an Acquisition.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Steve Blank

JUNE 26, 2014

Value Propositions and Customer Segments are covered in weeks 1 and 2, emphasizing the search for problem/solution and then product/market fit. Hundreds of teams in the NSF, and my Stanford, Berkeley, Columbia, and UCSF classes learned to search for a repeatable and scalable business model in this way.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Steve Blank

DECEMBER 20, 2013

Knox was relentless about understanding whether their device was a business or whether it was technology in search of a market. Knox was a great example of having a technology in search of a customer. In medical devices, understanding reimbursement, regulation and IP is critical. They learned a ton. And saved millions.

Lean 241

Lean Customer Development IP Agile 241

Steve Blank

MARCH 11, 2015

I suggested the best place to start the conversation is with the 21 st century definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. failure in searching for innovation when there are many unknowns. and how to price the product. Lessons Learned.

Widget 120

Widget Lean Business Model Metrics 120

Steve Blank

DECEMBER 7, 2010

In contrast, startups search for a business model. (Or Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.) to optimize this search. Actually engage in “search engine marketing” (SEM)spend $20 as a team to test customer acquisition cost.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

MAY 3, 2011

Within the week they were #6 in Google search results for “Stanford Admission Books.”. Any IP you need to license? to find out what books they’d recommend for prospective students. They used that data as their first “trusted advice” for the new website they built in a week. How many people? Any hardware or software you need to buy?

South Dakota 217

South Dakota Business Model Lean United States 217