Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? What Does this Mean for a Venture Capital Firm?

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Pre-Money Valuation Valuation Venture Capital Early Stage 471

Steve Blank

AUGUST 20, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? Venture Capital Issues. Early stage Venture Capital for medical device startups has dried up. Venture Capital. And why you ought to take this class.

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Startup Venture Capital Lean IPO 296

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. So he had adopted Steve’s Lean LaunchPad class and was using The Startup Owner’s Manual as his core text. Serendipity. His name is Alex Lawrence.

Silicon Valley 307

Silicon Valley Lean Utah Customer Development 307

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Both Sides of the Table

JULY 16, 2010

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.

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LP Technical Review Early Stage Silicon Valley 311

Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 2001 – 2010: Back to Basics: The Lean Startup.

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Internet IPO Silicon Valley Agile 334

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

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Engineer Silicon Valley United States Venture Capital 307

Startup Lessons Learned

OCTOBER 4, 2008

Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Looking forward for your future posts.

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San Francisco Technical Cofounder Fractional CTO CTO 155

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

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Lean Venture Capital Conversion IPO 108

Steve Blank

FEBRUARY 12, 2015

Venture-backed startups will often have a Series C or D or later rounds during this phase. In the Grow phase the company has achieved liquidity (an IPO, or has been bought or merged into a larger company event) and is growing by repeatable processes. Filed under: Family/Career/Culture , Lean LaunchPad , Venture Capital.

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Startup Lean Venture Capital Advisory Board 120

YoungUpstarts

JANUARY 22, 2017

Approaching the market while leaning forward, and with eyes wide open, increases a company’s ability to attract the right talent. She has raised more than $51M in venture capital and private equity, is passionate about building best-in-class teams, and is Franklin Covey-certified in the 7 Habits of Highly Effective People.

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Private Equity Later Stage IPO Early Stage 113

Startup Lessons Learned

AUGUST 24, 2009

We faced this same problem in entrepreneurship and venture capital, but we are getting past it. Just like in the world of startups, we can start to use micro-scale pilot programs, executed in lean fashion, to gather real facts for making ROI decisions about new project investment. 12comments: Dougvs said.

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San Francisco Lean Technical Review Distribution 113

Seeing Both Sides

SEPTEMBER 26, 2010

Venture capital investors are historically accustomed to being the wolf. For these investments to pay off, the investment thesis is based on a strong IPO in the future. But the wrinkle in these momentum investments is that the currently weak IPO market is stretching out time to liquidity more than ever.

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IRR IPO Entrepreneur LP 36

YoungUpstarts

MAY 10, 2012

Running Lean: Iterate from Plan A to a Plan That Works. Running Lean aims to help startups avoid the waste of time, money, and effort of creating the wrong product. Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-Up to IPO on Your Terms.

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Startup Lean Silicon Valley Open Source 247

Both Sides of the Table

APRIL 23, 2011

In the late 90’s he saw the internet boom and helped start IronPlanet.com, a construction equipment marketplace that is nearing an IPO. He was introduced through mutual friends to Highland Capital. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble. 5:00 – 5:55).

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Vertical Curation Boston Burn Rate 265

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

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Silicon Valley Early Stage Venture Capital Valuation 74

www.mattbartus.com

SEPTEMBER 24, 2011

Sometimes the consultant has a reasonable basis to think this, since lean startups are programmed to get things for free and may call on the consultant from time to time for free advice. Cooley Report Reviews Second Quarter Venture Capital Financing Trends. Venture Capital. Recent Posts. Categories. Employment.

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Equity Vesting Silicon Valley Intellectual Property 40

ReadWriteStart

APRIL 26, 2012

In an interview with ReadWriteWeb, Davidson explains how the latest industry to receive the disruption treatment has been the venture capital business itself, with the epicenter of the quake right around San Francisco. There used to be the Four Horsemen of the IPO world, back in the '80s and '90s. Number of U.S.

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IPO Stock San Francisco Lean 115

Steve Blank

MAY 11, 2009

My first IPO at Convergent. We must have made them play the demo twenty times. There were a few times in my career I knew at that moment I was watching something profound – (Holding the glass masks of the Z80 microprocessor. First silicon of the MIPS RISC processor.)

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Video Silicon Valley RSS California 168

Steve Blank

FEBRUARY 23, 2009

When I looked at the diagram in that ski cabin I realized there was a fundamental question I couldn’t answer: if all startups follow that model, why is it that some companies are opening bottles of champagne at their IPO and others who almost followed the same rules are selling off their furniture? What was the difference here?

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Product Development Developer Silicon Valley Product 146

Hunter Walker

SEPTEMBER 29, 2022

Starting a venture capital blog post with 1970s country music lyrics is pretty uncommon, but so is writing about when and why an investor might choose to sell equity before the company exits. Below I’ll share some of the principles we use at Homebrew , knowing that there’s not really a single ‘right’ answer for a fund manager.

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Venture Capital Cap Table LP Equity 122

online.wsj.com

SEPTEMBER 23, 2012

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.

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Venture Capital Software Review Rhode Island North Dakota 107

Steve Blank

JUNE 8, 2009

Waterfall, Agile, Lean? M&A, IPO? Regulatory Issues – What are they? Time to Market – How long? Product Development – How do you engineer it? Manufacturing – How do you build it? Seed and Follow-on Financing – How do your finance it? Liquidity – How?

Vertical 123

Vertical Silicon Valley RSS Marketing 123

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. Assuming no early liquidity (via an IPO or merger) for the company, more fund raising is required. Thirty years later we now realize that its one the causes of early startup failure.

Silicon Valley 263

Silicon Valley Product Startup Product Development 263

The Next Web

JANUARY 16, 2014

The story struck me as significant for three reasons – firstly, because Freelancer founder Matt Barrie had been very public leading up to the IPO about wanting to list in Australia over both London and NASDAQ. Finally, that this was not the first highly successful tech IPO in Australia in 2013 with OzForex raising AUD $439.4

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Australia San Francisco IPO Cofounder 146

Steve Blank

JUNE 22, 2009

It was still a year away from its IPO. And venture capital and entrepreneurship has made life even tougher for the modern corporation. Over the last 35 years venture capital has funded nimble new entrants (on a scale never imagined by Schumpeter ) who exist to exploit discontinuities in technology or customer behavior.

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Silicon Valley RSS California Agile 169

Up and Running

JULY 24, 2015

Entrepreneurship Through the Lens of Venture Capital. This self-paced class walks you through the process of starting a business from nothing to an IPO. The Lean Startup by Eric Ries. The Lean Startup is a popular book for entrepreneurs. It’s an 11-lecture series, each of which takes about an hour to work through.

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Entrepreneur Small Business Administration SBA Pennsylvania 60

David Teten

NOVEMBER 29, 2015

The next stage is the road of trials , what Eric Ries of Lean Startup fame calls the montage. At the story’s end, you destroy the Empire; you kill Agent Smith; you IPO. The post How Star Wars Will Help You Raise Capital for Your Company appeared first on David Teten. Initiation: Lightsaber Practice.

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Advisory Board IPO Framework Salary 60

BeyondVC

APRIL 15, 2011

Look, New York had to start from scratch but 15 years later what makes this different is that we can see a much better result-the same energy combined with real operating and entrepreneurial chops, real succceses and failures, real IPOs and multi-hundred million dollar exits, and a focus on the entrepreneur and product, not on the spreadsheet.

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New York Sweat Equity Marketing Startup 129

BeyondVC

APRIL 15, 2011

Look, New York had to start from scratch but 15 years later what makes this different is that we can see a much better result-the same energy combined with real operating and entrepreneurial chops, real succceses and failures, real IPOs and multi-hundred million dollar exits, and a focus on the entrepreneur and product, not on the spreadsheet.

New York 129

New York Sweat Equity Marketing Startup 129

Seeing Both Sides

APRIL 12, 2012

When I first entered the venture capital business 10 years ago after being an entrepereneur, my partners warned me that "my bar" for new investments would get higher over time. Isn't there plenty of euphoria and "animal spirits" to go around with the IPO market returning, marquee acquisitions (e.g.,

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IPO Metrics Venture Capital Social Media 44

Both Sides of the Table

MARCH 11, 2011

In 1995 Netscape IPO’d and browsers started to become more prevalent. IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. When he tells his stories from the 1990′s your realize that he was probably the original “lean startup.&#

Product 350

Product Tuvalu Dilution Incubator 350

Steve Blank

FEBRUARY 22, 2011

There are no tours of companies or venture capital firms. You too can name a building after your IPO (and $30 million.) Startups and innovation have exploded here because of the rise of venture capital. And of course go to a Lean Startup Meetup. Filed under: Family/Career , Technology , Venture Capital.

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Silicon Valley San Francisco San Jose Venture Capital 335

This is going to be BIG.

APRIL 21, 2015

Conventional wisdom says that you follow on in your winners in venture capital, but I''m not sure you can always accomplish that so cleanly. In fact, didn''t Fab look like much more of a $3 billion IPO after those first couple of follow ons than Etsy did? But what if you had done the same thing with Fab?

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Marketing IPO Seed Stage Lean 60

David Teten

MARCH 5, 2021

What can we learn from the best 40 venture capital investments of all time? First Round Capital found that among its portfolio companies, startups with female founders outperformed those without by 63%.” . Well, we learn to invest exclusively in men, preferably white or Asian. . However, there is still work to be done.

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Cofounder Founder Technical Cofounder Technical Review 78

Steve Blank

JULY 6, 2010

When we were looking for funding for IMVU (the company where Eric Ries first implemented Customer and Agile Development and where the Lean Startup was born,) I thought of Shawn. He became the first venture investor and “present at the creation.” He’s lived it and gets it. I’ll show you the slides a bit later in this post.).

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Venture Capital Agile Customer Development 182

Steve Blank

OCTOBER 26, 2009

Yet one of the most remarkable things about the boom in microwave and silicon startups occurring in the 1950’s and 60’s was that it was done without venture capital. ARD was a publicly traded venture capital firm (raising $3.5 There was none. military and intelligence agencies and defense contractors. Whitney Co.

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Silicon Valley Securities and Exchange Commission Venture Capital RSS 163