Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

NOVEMBER 1, 2011

Today, you can start a web/mobile/cloud startup for $500,000 and have money left over. Rolodex/deal flow (deal sourcing/ability to make connections for the portfolio). Then take a year as a product manager in a startup in the firm’s portfolio. Then take a year and $250-500K to start and run a mobile/web/cloud company.

Venture Capital 332

Venture Capital Early Stage Technical Review Startup 332

Steve Blank

JANUARY 22, 2014

The cloud , open-source development tools and web 2.0 Today it’s dominated by capital efficient software, web and mobile startups whereas 10 years ago it was dominated by semiconductor and hardware startups that consumed huge amounts of capital before their first dollar in revenue. The inevitable failures then damaged returns.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Steve Blank

MARCH 31, 2014

Ask Sony about Samsung, ask any retailer about Amazon, any car company about Tesla, and any newspaper company about the web. Apple with the iPod, iPhone and iPad; Amazon with Amazon Web Services and Kindle; Toyota with the Prius… these companies are extraordinary because, …like startups, they create entirely new products and services.

Private Equity 325

Private Equity Metrics China Business Model 325

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. Perhaps in direct proportion to the number of “freemium” and “eyeballs” web deals funded.) What Do VC’s Do?

Silicon Valley 217

Silicon Valley Technical Review IPO Venture Capital 217

Steve Blank

MAY 28, 2009

Our firm has a portfolio of companies across a broad range of markets and the way we look at it is pretty simple – the deals fall into two types: those with customer/market risk and those with invention risk.” The real risk in markets like Web 2.0 Steve,&# he said, “you’re missing the most interesting part of vertical markets.

Vertical 144

Vertical Silicon Valley Marketing Customer 144

Steve Blank

FEBRUARY 3, 2016

Intellipedia helped show the way for many other “Web 2.0” It basically means like a senior statesman in country … without portfolio. In 2005, while at the CIA, Don helped found Intellipedia , the Intelligence Community-wide wiki, with his colleague Sean Dennehy. In 2009, Don and Sean won a Service to America Medal. . …

Wiki 120

Wiki Entrepreneur Cofounder Government 120