Steve Blank

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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

And the best startups spun out of Stanford were building components for weapon systems. As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. There was a time when much of U.S.

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Is the Lean Startup Dead?

Steve Blank

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. It’s the antithesis of the Lean Startup.

Lean 335
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Why Founders Should Know How to Code

Steve Blank

A startup is not just about the idea, it’s about testing and then implementing the idea. Dave was building a mobile app for matching college students who needed to move within a local area with potential local movers. neither you nor your cofounder can code and you’re building a mobile app? In fact, it wasn’t even a startup.

Cofounder 336
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Beyond the Lemonade Stand: How to Teach High School Students Lean Startups

Steve Blank

Therefore we needed them to think and learn about two parts of a startup; 1) ideation - how to create new ideas and 2) customer development – how do they test the validity of their idea (is it the right product, customer, channel, pricing, etc.). Working for local startups creates real world intensity and urgency in the course.

Lean 334
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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. This left an open playing field for Chinese software startups as they “copy to China” existing U.S. They also probably haven’t seen a phone that isn’t mobile.) All the usual caveats apply. Unlike U.S.

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Steel In Their Eyes – Why VC’s Should Be Startup CEO’s

Steve Blank

None of that can compare with being the CEO of a startup facing a rapidly diminishing bank account, your best engineer quitting, working until 10pm and rushing to the airport and catching a redeye for a “ Hail Mary ” close of a customer, with your board demanding you do it faster. Startups are hard. People skills. Fund raising skills.

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It’s About Women Running Startups

Steve Blank

Just before the holidays I had coffee with Anne, an ex MBA student running a fairly large product group at a search engine company, now out trying to raise money for her own startup. And she had a model for a new media company for mobile and wearables. New York Startups. Women in New York Startups.