Steve Blank

MARCH 31, 2014

It’s worth noting that everything from the Internet, to electric cars, genomic sequencing, mobile apps, and social media — were pioneered by startups, not existing companies. The convergence of digital trends along with the rise of China and globalization has upended the rules for almost every business in every corner of the globe.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JUNE 23, 2016

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

AUGUST 5, 2014

I was on the way to my lifetime IRR of 90%. From electric cars to drones, DNA sequencing to robotic surgery, enterprise software to social media –the size and variety of these markets makes the Valley of my early days look bush league. I loved the business, and I was good at it. But then, trouble. There’s no end in sight.

Venture Capital 333

Venture Capital Silicon Valley Chicago Cofounder 333