Steve Blank

JULY 15, 2010

It includes venture funded startups in all industries, from software to biotech. If you’re starting a software company, your exit is most likely a sale to a larger company. Software startups are most likely to exit as an acquisition. During the decade between 1991 and 2000, nearly 2000 venture backed companies went public.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

OCTOBER 24, 2017

But in the 20th century, dominated by hardware and software, technology swings inside an existing market happened slowly — taking years, not months. It’s hard to think of a hardware/software or life science technology that dominates its space for years. And while new markets were created (i.e.

Founder 245

Founder Technical Review CTO Hire IPO 245

Steve Blank

APRIL 1, 2020

Others are cutting their valuations. I listened in on a board call with an enterprise software company this week, and when the CEO said, “Our VP of sales assured me our pipeline won’t be affected.” If you were expecting angel or venture funding get on the phone to your investor(s).

South Korea 333

South Korea Salary Business Model China 333

Steve Blank

APRIL 5, 2017

She was an academic on leave from Stanford now selling SAAS software to large companies, but was being inundated with marketing communications advice. “My Smart CEOs treat communications as a force multiplier for sales, a tool to dramatically increase valuation and the vehicle to get acquirers lined up at the door.

Marketing 310

Marketing Audience Technical Review PR 310

Steve Blank

FEBRUARY 26, 2020

At the end of this post, we’ll discuss the valuation at each step (how much the investors value your company and therefore how much of it you need to give up to get this money) and how much revenue you should generate at each step.). On the other hand, in a SaaS business $1 in recurring annual revenue equals ~10x in valuation.).

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Steve Blank

MARCH 22, 2022

In the last six months quantum computing companies IonQ , D-Wave and Rigetti went public at valuations close to a billion and half dollars. The Bad: Quantum Key Distribution can’t be implemented in software or as a service on a network and cannot be easily integrated into existing network equipment.

Technology 436

Technology Algorithm Stealth Distribution 436

Steve Blank

JUNE 22, 2011

Prices for both private and public tech valuations exceed any rational valuation to their current worth. While labeled the “dot.com” bubble, valuations went crazy across a wide range of technology sectors including telecommunications, enterprise software and biotech, not just the Internet.

Internet 295

Internet Silicon Valley United States .Net 295

Steve Blank

MAY 9, 2017

And I’ve been lucky enough to watch innovation happen not only in hardware and software but in Life Sciences – in Therapeutics, Medical Devices, Diagnostics and now Digital Health. In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

AUGUST 19, 2013

And while the vast majority of Life Science exits remain below $125M, other sectors have seen exit valuations soar. While the time, expense and difficulty to exit has soared in Life Sciences, all three critical factors have been cut by orders of magnitude in other investment sectors such as internet or social-local-mobile.

Venture Capital 301

Venture Capital Startup Lean Philadelphia 301

Steve Blank

DECEMBER 3, 2020

I think there’s only been two defense related startups that have had a valuation north of a billion dollars in the last couple decades: SpaceX and Palantir. Hardware vs software. We have a very brittle defense industrial base. It’s highly concentrated among five or six companies. Allocation across the services (i.e.

Technical Review 235

Technical Review Technology China Taiwan 235