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Startup Professionals Musings
MAY 1, 2020
In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. In Silicon Valley’s classic model, startups must start “asset light.”
Startup Professionals Musings
JANUARY 22, 2023
In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. In Silicon Valley’s classic model, startups must start “asset light.”
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Steve Blank
SEPTEMBER 5, 2018
Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.
YoungUpstarts
AUGUST 30, 2011
Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. 74% of high growth internet startups fail due to premature scaling.
Steve Blank
MARCH 3, 2015
Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. At the same time Berkeley was also developing Cold War weapons systems. Today the U.C. And there it was.
Startup Lessons Learned
APRIL 25, 2011
It’s been just over a year since the inaugural Startup Lessons Learned conference , and it’s time to do it again. The Lean Startup movement has made tremendous progress in the past year. Kent Beck himself helped us explain that “quality work” means something different when we’re facing the extreme uncertainty of a startup.
Steve Blank
NOVEMBER 5, 2009
Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. The goal of their startup in this stage becomes “getting funded.”
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