Lean Michigan Operations Venture Capital 
Steve Blank
JUNE 2, 2011
Founders operate in a chaotic regime. It might be possible to create Virtual Valley Ventures. At Stanford our Lean Launchpad class ran an experiment that showed when “the boardroom is bits” can make a radical difference in the outcome of an early stage startup. The University of Michigan is a possible first test.)
Steve Blank
MARCH 28, 2009
After been stationed at three fighter bases in Thailand ( Ubon , Udorn and Korat ) and working on Electronic Warfare suites on F-4’s, A-7’s, F-105’s and AC-130’s, I got orders to report to a Strategic Air Command (SAC) B-52 bomber base in Alpena Michigan. Imagine how hot, humid and unbearable the weather was in Thailand. Reply Ben C. ,
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ReadWriteStart
JUNE 15, 2011
Structure : Founders operate in a chaotic regime. It might be possible to create Virtual Valley Ventures. At Stanford our Lean Launchpad class ran an experiment that showed when "the boardroom is bits" can make a radical difference in the outcome of an early stage startup. The University of Michigan is a possible first test.)
Steve Blank
OCTOBER 1, 2009
Top management was trying to coordinate all of the operating details (sales, manufacturing, distribution and marketing,) across all the divisions and the company almost went bankrupt that year when poor planning led to excess inventory (with unsold cars piling up at dealers and the company running out of cash.)
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.
Steve Blank
JUNE 29, 2009
I packed up my life in Michigan and spent five days driving to California to start work. “And, oh by the way, can you write the manuals for the operators while you’re at it.&# As I poured over the system schematics, I figured out how to put together a course to teach system theory, operations and maintenance.
Steve Blank
MAY 18, 2009
We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. It’s why all of you operated so well in the unpredictable environment that all startups face.”
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