The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. We’re hitting record revenue months, weeks, and margins. That includes us.

Early Stage 146

Early Stage Los Angeles Silicon Valley Cofounder 146

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. Peter described the first company in which “Hollywood meets Silicon Valley” and we were enthralled. Now In Print!

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 230

Silicon Valley IPO Technical Review Venture Capital 230

Steve Blank

SEPTEMBER 24, 2009

When a startup finds a repeatable sales process and steadily increasing revenue, its investors wants to harvest the rewards and build a culture of “execution.” 4) You don’t see any revenue gain past three years. Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S. Now In Print!

Customer 210

Customer Silicon Valley RSS California 210

Steve Blank

FEBRUARY 23, 2009

I have been working on getting a startup to revenue for a while, and while this is my 4th iteration and I have not yet succeeded, I’ve been learning new things every time. Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S. Now In Print! Blog at WordPress.com.

Silicon Valley 128

Silicon Valley RSS Venture Capital Customer Development 128

Steve Blank

APRIL 9, 2009

And it was going to mention the two words that SuperMac marketing needed to live and breathe: revenue and profit. If marketing can’t deliver the 40,000 leads what else can we do for sales to still achieve our revenue and profitability?”) They understood the mission intent was our corporate revenue and profit goals. Now In Print!

Silicon Valley 267

Silicon Valley Technical Review RSS PR 267

Steve Blank

JULY 30, 2009

Unfortunately most startups learn this by going through the “Fire the first Sales VP&# drill: You start your company with a list of potential customers reading like a “who’s who&# of whatever vertical market you’re in (or the Fortune 1000 list.) Steve Blanks 30 years of Silicon Valley startup advice.

Silicon Valley 137

Silicon Valley RSS California Customer Development 137

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. would look in each of the verticals. Business and Revenue Model – How do we organize to make money? Waterfall, Agile, Lean?

Vertical 124

Vertical Silicon Valley RSS Marketing 124

Steve Blank

AUGUST 24, 2009

Page views drive his ad revenue, which is probably CPM based. Steve Blanks 30 years of Silicon Valley startup advice. Is this behavior an outlier or is it the norm in the PR industry? Or is it just someones end of innocence ? Mike Arrington is a capitalist. To Order Outside of the U.S. Now In Print! Blog at WordPress.com.

Silicon Valley 201

Silicon Valley PR Technical Review RSS 201

Steve Blank

APRIL 30, 2009

Luckily (or maybe because we were in Silicon Valley where there was a domain expert for everything) there was a very smart consultant in the retail computer space, Seymour Merrin, who preached about the importance of packaging. Steve Blanks 30 years of Silicon Valley startup advice. Worry about the sales results.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Startup Lessons Learned

AUGUST 24, 2009

Just like in the world of startups, we can start to use micro-scale pilot programs, executed in lean fashion, to gather real facts for making ROI decisions about new project investment. Most publishers are still caught up in an outdated “vision vs. metrics&# argument, which is already obsolete here in Silicon Valley.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

SEPTEMBER 3, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Once the product begins to ship, startup sales execs use orders and revenue as its marker of progress in understanding customers.

Customer Development 225

Customer Development Developer Customer Silicon Valley 225

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. Yet we used the product development model not only to manage product development, but as a road map for finding customers and to time our marketing launch and sales revenue plan. Now In Print!

Silicon Valley 267

Silicon Valley Product Startup Product Development 267

Steve Blank

APRIL 22, 2009

Corner Cases and Consensus are For Large Companies Carefully considering each and every possible outcome before you proceed with a decision is something large companies with large revenues, shareholders and employees need to do. Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S. Now In Print!

Silicon Valley 191

Silicon Valley RSS California Customer Development 191

Steve Blank

SEPTEMBER 10, 2009

In future posts I’ll describe how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. After twelve months Handspring’s revenue was $170 million. They never understood Market Type. Why does Market Type matter?

Customer Development 212

Customer Development Developer Customer Silicon Valley 212

Steve Blank

FEBRUARY 23, 2009

As you stated, the VCs only want to hear about product development and, I would add, revenue models. e práticas de empreendedorismo em Startups no Brasil, especialmente relacionados aos temas Customer Development e Lean [.] Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S. Now In Print!

Silicon Valley 130

Silicon Valley RSS Venture Capital California 130

Steve Blank

OCTOBER 1, 2009

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals. To Order Outside of the U.S.

Silicon Valley 170

Silicon Valley United States RSS Customer Development 170

Cracking the Code

OCTOBER 13, 2020

It reminds me of living in Silicon Valley 10 years ago when so many foundational SaaS companies were started. Cloud Entrepreneurs: Embracing the “Silicon Valley State of Mind" Accel has been a big believer in cloud since the early days of this secular shift. Big milestones for the old continent!

Europe 71

Europe Cloud Silicon Valley 71

Steve Blank

APRIL 23, 2009

I was asked to explain why a marketing program that cost $150,000 bucks literally generated nothing in revenue for the company. Steve Blanks 30 years of Silicon Valley startup advice. They hit each other with baseball bats until one of them dropped.) This first Zen moment happened at a SuperMac exec staff meeting. Now In Print!

Silicon Valley 120

Silicon Valley RSS California Customer Development 120

ConversionXL

FEBRUARY 3, 2022

No changes were made to the customer journey, and it had nothing to do with revenue lift. It isn’t about finding quick hacks to boost short-term revenue. Growth marketing borrows a concept from the lean startup methodology. Growth marketing doesn’t prescribe quick-fix hacks that any company can apply to “10x their revenue.”

Framework 102

Framework Marketing Acquisition Retention 102

Steve Blank

MAY 4, 2009

But without sales there is no revenue, and without revenue there is no company. All the strategic thinking in the world won’t make up for a missed revenue plan. If sales revenue and profits are high enough, we could take the company public or sell it, and the stock would be worth more than the paper it was printed on.

Silicon Valley 129

Silicon Valley RSS Non-Compete California 129

Steve Blank

JUNE 22, 2009

We Changed Our Mind In 1966, 10 years after Hewlett’s memo, Hewlett Packard’s revenue and headcount had grown ten fold; $200 million and 11,000 employees – all from test and measurement equipment. Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S. Now In Print!

Silicon Valley 177

Silicon Valley RSS California Agile 177

Steve Blank

APRIL 16, 2009

And in this very unique case, we figured out how to maximize revenue and profit by branding and product line extensions. Marketings job is to take engineering products and use them to maximize revenue and profit. Steve Blanks 30 years of Silicon Valley startup advice. We did that when we surveyed our customers.

Silicon Valley 140

Silicon Valley Product RSS Engineer 140

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Title: Startup: A Silicon Valley Adventure. During this year they.

Software Review 79

Software Review Startup Technical Review Vesting 79

abovethecrowd.com

NOVEMBER 14, 2017

market in terms of revenue dollars (there is no question that digital tools will successfully impact specific acute diseases/disorders, but it’s our intuition these are best left to 100% focused HC investors). Bill is a general partner at Benchmark, one of Silicon Valley’s really legendary venture capital firms.

Singapore 43

Singapore Government Silicon Valley Software Review 43