Steve Blank

article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

VCs like acquisitions as much as IPOs because the acquiring companies often can rationalize paying large multiples over the current valuation of the startup. However, these nosebleed valuations make it even more important in getting the acquired company integrated correctly. Lessons Learned.

article thumbnail

Tune In, Turn On, Drop Out – The Startup Genome Project

Steve Blank

However, this does not mean that investors don’t have a significant effect on valuations and M&A). Founders overestimate the value of IP before product market fit by 255%. . But the right mentors significantly influence a company’s performance and ability to raise money. Solo founders take 3.6x less likely to pivot.