article thumbnail

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. The inevitable failures then damaged returns.

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. The reward for doing so was a liquidity event via an Initial Public Offering. 2001 – 2010: Back to Basics: The Lean Startup.

Internet 334
Insiders

Sign Up for our Newsletter

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

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

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? The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? When to raise money.

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

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? The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? When to raise money.

article thumbnail

A Visitors Guide to Silicon Valley

Steve Blank

Small but important, this museum is the real deal with almost every artifact of the computing and pre-computing age (make sure you check out their events calendar.) If it’s a clear day and you have the money after a liquidity event, it’s a mind-blowing trip. South of Market (SoMa) is the home address and the epicenter of Web 2.0

article thumbnail

Startup Resources

www.vccafe.com

Amazon Web Services. Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Web Tools: Hereâ??s We have an iOS SDK as well, for web-web, mobile-mobile, web-mobile video chat and video messaging. Mobile Tools: If you are a web developer, you donâ??t

article thumbnail

Why “Luck” is a Terrible Marketing Plan for Your Startup.

Software By Rob

The Startup Lottery I need to stop here and say this: with a “hot idea&# startup the odds are overwhelmingly against ever getting funding, much less having a liquidity event that puts money in your pocket. Im a serial web entrepreneur here to share what Ive learned in my 11 years as a self-funded startup founder.