Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. In this new model, the Horizon level of innovation is defined by whether the business model is being executed or searched for. Here’s how.

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Steve Blank

MARCH 31, 2014

So how does a company act like a startup in search of new business models while still continuing to successfully execute? Third, smart companies manage an innovation portfolio where they can pursue potential disruption in a variety of ways. Every time another execution process is added, corporate innovation dies a little more.

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Steve Blank

MARCH 16, 2016

VC’s raise money from their investors (limited partners like pension funds) and then spread their risk by investing in a number of startups (called a portfolio). As a founder you are more than capable of adding value to the search for the liquidity event. And not just any returns, VC’s expect large returns.

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Steve Blank

DECEMBER 3, 2012

We propose that corporations equipped for the challenges of the 21st century think of innovation as a sliding scale between execution and search. It only emerges after an intense business model design and search activity based on the customer development process.

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Steve Blank

JULY 29, 2016

Horizon 3 is focused on searching for and creating brand new missions. ( The problem is that Horizon 3 solutions take different people, different portfolio, different process and different politics. Portfolio: In Horizon 3, the Navy is essentially incubating a startup. Horizon 2 is focused on extending the core mission.

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Steve Blank

NOVEMBER 16, 2009

It’s an impressive portfolio. Specifically we’re working on building information stream handling tools (reducing large lists of incoming links and text into topical tags that can be searched or manually dug through) as well as connecting ads to a users interests (same tags now used for relevant ads/plugins).

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Steve Blank

JULY 15, 2010

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Non-software companies need to be thinking much deeper and further than ever before about search, build, grow funding strategies. The system worked in predictable and profitable ways.

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Steve Blank

AUGUST 31, 2009

As Marketing and Sales flail around in search of a sustainable market, the company is burning through its most precious asset—cash. Venture portfolio companies don’t succeed because they used the Product Development model they succeeded in spite of using it.

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Steve Blank

JULY 16, 2009

However the VC’s are managing a portfolio while you, the entrepreneur are managing one company – yours. Your point about the VC portfolio model vs. the entrepreneur’s “portfolio of 1″ is one I’ve been thinking about for a long time, and have also discussed with many other entrepreneurs.

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Steve Blank

NOVEMBER 7, 2013

We have a portfolio of more than 500 brands and 4000 products and people invite us into their lives more 1.8 It only emerges after an intense business model design and search activity based on the customer development process. For the past year or so, we’ve been focused on disruptive “breakthrough” innovation (game-changing, etc.)

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Steve Blank

APRIL 20, 2021

He came up with the concept to simply the search for product/market fit by using an MVP Tree. Over the last two decades Shawn has seen hundreds of startups use the Lean Methodology. Many of them get hung up on understanding how to select the right minimal viable product. Shawns guest blog post describing describing the MVP Tree is below.

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Steve Blank

NOVEMBER 4, 2021

Modern entrepreneurship began at the turn of the 21 st century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. all markets can be described by what job the user wants to get done.

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Steve Blank

MARCH 22, 2009

Their VC firm, In-Q-Tel , has been in business for 10 years, and like most VC firms they have an annual event where they show off their new portfolio companies to their limited partners and other VC partners. So I gave my “ The Secret History of Silicon Valley ” talk as the keynote to the CIA’s venture capital conference.

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