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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. However, four critical advances over the past decade (cloud, accelerators, Lean, and Angels) not only changed the math for tech investing but made regional tech clusters possible. A good return to your investors is 20% per year.

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Succeeding in Venture Capital is Mostly About Knowing What to Buy. But When To Sell Matters Also.

Hunter Walker

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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Fund Raising is a Means Not an End

Steve Blank

These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. How much do they need to own at a liquidity event? There are two reasons to take venture money.

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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Lots of ideas sound exciting because people are clueless.

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Fund Raising is a Means Not an End

Steve Blank

These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. How much do they need to own at a liquidity event? There are two reasons to take venture money.

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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

But while universities are developing online content they are not fundamentally disrupting leaning because the method of delivery is not a new business model. Venture Capital. He talked about a unique model where you don’t have to become liquid in venture capital and can target singles & doubles.

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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

But starting in the last quarter of that century and accelerating in this one, a new form of financing – risk capital (angel and venture capital) — emerged. Risk capital has provided financing for new ideas in the form of startups.