Steve Blank

JUNE 11, 2009

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. Steve Blanks 30 years of Silicon Valley startup advice. Order Here.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Startup Professionals Musings

NOVEMBER 4, 2018

According to the International Business Innovation Association ( InBIA ), there are over 2,200 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors.

Incubator 218

Incubator Silicon Valley North America Small Business Administration 218

Both Sides of the Table

FEBRUARY 24, 2011

Silicon Valley (and Alley) has been super excited about the new category of “group text messaging&# and for valid reasons. They want to build one of LA’s premier technology & games businesses – what I call “a patron company.&#. So Susie with her iPod touch can text anybody for free. Will we get there?

Later Stage 310

Later Stage South America Mobile Silicon Valley 310

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. This article originally appeared on TechCrunch. I acknowledged this in the article.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Both Sides of the Table

JANUARY 21, 2010

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. Right sized : I tried to work with one of the best known firms in Silicon Valley.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

David Teten

JANUARY 9, 2018

Most of the other VC firms with a history of picking unicorns have significantly benefited from being based in Silicon Valley, having much larger investment teams, and having multi-decade Tier-1 reputations, which has led to them seeing most of the best deals in the market. – Technology stack. Initially posted at PEHub.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

JANUARY 9, 2018

Most of the other VC firms with a history of picking unicorns have significantly benefited from being based in Silicon Valley, having much larger investment teams, and having multi-decade Tier-1 reputations, which has led to them seeing most of the best deals in the market. – Technology stack. Initially posted at PEHub.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

Both Sides of the Table

FEBRUARY 23, 2015

There is a second set of career discussions I have even more frequently than my “angel yourself” advice but this type is almost never discussed publicly in blogs, which tend to emphasize only billion-dollar opportunities, 20-something technical founders and Silicon Valley elitism.

Technical Review 150

Technical Review Liquidation Preference Silicon Valley IP 150

Steve Blank

JUNE 15, 2011

A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin. Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation.

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Startup Professionals Musings

OCTOBER 17, 2016

According to the National Business Incubator Association ( NBIA ), there are over 7,000 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors.

Incubator 120

Incubator Silicon Valley Startup Small Business Administration 120

Startup Professionals Musings

SEPTEMBER 1, 2014

Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy. Accelerators generally accept startups at a slightly later stage, and attempt to compress the timeline to commercialization into a few months, instead of a year or more.

Incubator 247

Incubator Silicon Valley Startup Small Business Administration 247

Startup Professionals Musings

JANUARY 12, 2013

Super-angel investors are a new category of investors (like Mike Maples Jr. ), closer to venture capitalists, who are perceived to be more sophisticated, insightful, or well-connected in the startup community, particularly with respect to technology companies in Silicon Valley and other technology centers (also called micro-VCs).

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

YoungUpstarts

DECEMBER 2, 2012

“Golden Gate Ventures’ links to later stage investors and Silicon Valley can add most value once start-ups launch products and prove market traction. “*Limpeh gar lu gong…” (* Let me tell you…).

Asia 162

Asia Singapore Silicon Valley Cofounder 162

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Ben's Blog

APRIL 7, 2021

Before we talk about how this might work, it’s helpful to take a look back at a case study of what gave rise to Silicon Valley as an innovation cluster and the San Francisco Bay Area as a modern supercity. In the case of Silicon Valley, it was a combination of: Universities like Stanford. Technology transfer office.

Silicon Valley 36

Silicon Valley Non-Compete San Francisco Government 36

Both Sides of the Table

APRIL 17, 2012

An innovator in technology, especially monetization. Interestingly, nobody I know in NorCal EVER calls it Silicon Valley, “Silicon Valley.” ” To me, LA will always be a creative hub for TV, film, music, video games and now technology. We need to be different & unique. Not derivative.

Community 304

Community Los Angeles Startup Silicon Valley 304

Austin Startup

JUNE 27, 2017

Many investments in startups start with local venture firms in the early stages and then attract non-local venture firms for later stage and larger deal size opportunities. Entrepreneurs with early stage companies typically look for local funding before going out of region to pursue other funding sources.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Austin Startup

MARCH 7, 2021

Texas is the most promising technology market in the United States. The University of Texas System is the third most innovative university in the world , behind only the University of California system and Massachusetts Institute of Technology in intellectual property patents.

Texas 90

Texas San Antonio Houston Dallas 90

Steve Blank

OCTOBER 1, 2009

This time in what would become Silicon Valley. The company was lucky to survive his later stage leadership, and would be gone today had Bill Ford not brought in the ex-Boeing fellow who turned it around and runs it today. Steve Blanks 30 years of Silicon Valley startup advice. Order Here. Now In Print!

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

thebarefootvc

MARCH 8, 2012

I talked about creative disruption and how many significant companies would be formed as a result of this (not dissimilar to what I saw in Silicon Valley while investing post 2001 crash). In contrast, many Silicon Valley funds are large with much capital to put to work (which is why we are seeing them lead NYC deals at these stages).

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

philipsmith.typepad.com

SEPTEMBER 24, 2011

Silicon Valley Frontlines. This same 'later stage can't pay you anything up front' ruse gets done for sales and marketing types, too. Silicon Alley Insider Henry Blodget, Nick Carlson and others musings on the state of digital media, financial, technology and other sectors. A must read!

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Steve Blank

OCTOBER 24, 2017

Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens).

Founder 245

Founder Technical Review CTO Hire IPO 245

Both Sides of the Table

MAY 24, 2021

Silicon Valley and the media industry that surrounds it values youth. But markets have changed and I think investors, founders and experienced executives who want to join later-stage startups can all benefit from playing the long game. It literally drove FOMO. By any external benchmarks this will be a $billion++ company.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

David Teten

FEBRUARY 3, 2014

I’ve shown below a case study of the geographic diversification of the largest late-stage technology venture capital / growth equity investors. These funds use a combination of cold-calling, travel, firm networks, paid expert networks, and technology to identify investment opportunities outside of their neighborhood.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

VC Cafe

MARCH 11, 2010

The New York Times says the new fund is a signal that Silicon Valley is being revived, but according to the Wall Street Journal , it was lower fees and carry that facilitated securing the capital: It helped that Battery proactively offered some investor-friendly terms.

North America 76

North America Silicon Valley Private Equity 76

Growthink Blog

JUNE 28, 2010

Famed technology investors like Vinod Khosla and Ron Conway have taken this approach, with personal investment positions in literally dozens (if not more) of companies. angel investor deal community - namely Silicon Valley. It is certainly possible to build a portfolio one company at a time. Joining an Angel Group.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

Growthink Blog

JUNE 28, 2010

Famed technology investors like Vinod Khosla and Ron Conway have taken this approach, with personal investment positions in literally dozens (if not more) of companies. angel investor deal community - namely Silicon Valley. It is certainly possible to build a portfolio one company at a time. Joining an Angel Group.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

abovethecrowd.com

APRIL 20, 2016

Ironically, Carreyou is not a Silicon Valley-focused reporter, and the success of the piece served as a wake-up call for other journalists who may have been struck by Unicorn fever. In Q1 of 2016 there were zero VC-backed technology IPOs. The typical Silicon Valley term sheet does not include such terms.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Austin Startup

APRIL 3, 2017

Is it Silicon Valley, home to accelerators Y Combinator and 500 Startups and to tech giants Google and Facebook? As of now, the City of Austin’s startup density is greater than that of the Silicon Valley! What’s the number one city for startups in the United States? versus $10M+).

Silicon Valley 48

Silicon Valley New York City San Jose Texas 48

techcrunch.com

OCTOBER 23, 2010

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. link] tenthings most business-grads are too arrogant to realize that they are selling technology, not hot air, so they need a tech team to build upon, not a product.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

Both Sides of the Table

FEBRUARY 14, 2016

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. Back then Michael Arrington accused some of Silicon Valley’s top seed funds of “colluding” by meeting secretly to talk down the valuation of startups.

Valuation 150

Valuation Down Round Startup Later Stage 150

David Teten

MARCH 18, 2021

Data from OpenVC shows that VCs typically focus on 2 technology classes. Out of 125 funds in the database, 33 state they invest in 1 type of technology (e.g. software”); 43 invest in 2 types of technology (e.g., a16z’s Cultural Leadership Fund aims to “enable more young African-Americans to enter the technology industry.”.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Steve Blank

MAY 9, 2017

We’re standing 15 air miles away from the epicenter of technology innovation. I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley – to Defense Valley – to Silicon Valley to Internet Valley.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

techcrunch.com

FEBRUARY 19, 2010

Giving a start up less money makes them aim to waste less and not rely on funding to run the company in the hope that one day ‘we’ll turn profit positive’ [link] Bob Butler Another bit of bad news is that VC funds are now on average in their later stages, meaning most of the money is already invested.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Up and Running

DECEMBER 9, 2014

They cover funding for small businesses from the initial funding stage to later stages of growth, and other areas in between. There are actually a lot of tools and technologies available now to really streamline your day and as I said earlier it’s amazing. Four, technology. One, need for funding.

Small Business 95

Small Business Finance Forecast Metrics 95

pandodaily.com

NOVEMBER 29, 2012

Multiply that by literally a couple thousand, and that’s what 2013 is going to look like in Silicon Valley, and to a lesser degree some other startup ecosystems. “There are so many companies in Silicon Valley that have raised $30 million and done absolutely nothing with it.” November 29, 2012.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93