Steve Blank

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. During Jeff Immelt’s tenure GE’s stock-market value fell by about half. Its stock is trading where it was 20 years ago. billion of GE stock – about 1.5% of the company.

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Organizational Debt is like Technical debt – but worse

Steve Blank

They had reinvented a traditional print media category onto web and mobile devices for a new generation of users who were no longer buying magazines but reading online. Equally important their VP of Marketing had brilliantly executed a stream of social media campaigns (Facebook likes and partnerships, email campaigns, etc.)

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Is the Lean Startup Dead?

Steve Blank

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Some have labeled this period as irrational exuberance. Then the cycle repeats with a new set of technologies.

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Seven Steps to Small Business Recovery

Steve Blank

I receive emails and texts, as well as social media posts daily, and it is inspiring,” Jill says. The menu is posted on social media and on their website ; customers pay their invoice online; and the meal kits are available to be picked up at their commercial kitchen or delivered for a small fee.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. In contrast, large companies are often risk- averse engines – they are executing a repeatable and scalable business model that spins out the short-term dividends, revenue and profits that the stock market rewards.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. In contrast, large companies are often risk- averse engines – they are executing a repeatable and scalable business model that spins out the short-term dividends, revenue and profits that the stock market rewards.

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Why Uber is The Revenge of the Founders

Steve Blank

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). The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

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