Steve Blank

article thumbnail

Is a Venture Studio Right for You?

Steve Blank

He said that from what he read, the path to building and funding a company seemed to be: 1) come up with an idea, 2) form a team, 3) start testing minimal viable products, 4) raise seed funding, 5) then obtain venture capital. They then transfer the IP and build the startup inside the venture studio.

article thumbnail

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. _. Posted in Technology, Venture Capital. Tags: Technology Venture Capital. For some of these assets, you get protection automatically. What is Protectable. _.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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

Steve Blank

Founders overestimate the value of IP before product market fit by 255%. . Filed under: Customer Development , Teaching , Venture Capital. Balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x Most successful founders are driven by impact rather than experience or money.

article thumbnail

Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy » 24 Responses Tweets that mention Someone Stole My Startup Idea – Part 2: They Raised Money With My Slides?! That’s not found in a set of slides. Filed under: E.piphany « Someone Stole My Startup Idea – Part 1: Are Those My Initials?

article thumbnail

The Lean LaunchPad – Teaching Entrepreneurship as a Management Science

Steve Blank

Any IP you need to license? Read: Steve Blank, “Lessons Learned – A New Type of Venture Capital Pitch”, [link]. . ——————– Class 8 Feb 22 nd Testing Key Resources & Cost Structure. How many people? Any hardware or software you need to buy? Importance of cash flows?

Wiki 311
article thumbnail

Not All Those Who Wander Are Lost

Steve Blank

Lessons Learned – A New Type of Venture Capital Pitch……… 52. The Best Defense is a Good IP Strategy………… 65. Can You Trust Any VC’s Under 40?……………… ……………… 56. Are Those My Initials?………………………………