Steve Blank

DECEMBER 10, 2009

software, songs, movies, web site content. _. If your product is software, copyright is also used to prevent someone from stealing your software and reselling it as machine and/or source code.) Enterprise software company – copyright and trade secrets are probable. Posted in Technology, Venture Capital.

Intellectual Property 213

Intellectual Property IP Software Review Non-disclosure Agreement 213

Steve Blank

APRIL 14, 2013

For the last 10 years China essentially closed its search, media and social network software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. business models. Of course “copy” is too strong a word. Of course “copy” is too strong a word.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

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. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

MAY 30, 2016

Understanding the left-side of the mission model canvas ( activities, resources , partners , and costs) forces all teams to ask, “Are we building a product for a DOD/IC customer only or do we have a “dual-use” product that could be sold commercially and get funded by venture capital?”. This post is a continuation of the series.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Steve Blank

MARCH 16, 2016

Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). At its core Venture Capital is nothing more than a small portion of the Private Equity financial asset class.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. Entrepreneurship in Beijing.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

MARCH 19, 2009

Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. While I was consulting for them, I got a call from a recruiter for a company called SuperMac, which made add-on products for the Macintosh. The first step was to recruit a new management team.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. (My Yet when I talked to my venture capital friends, they said, “Well, that’s just how startups work. My mother kept asking if they were going to make me pay the money back. Would you mind sharing them?

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

Steve Blank

APRIL 7, 2011

Venture Capital ; met with the local hardware/software venture capital firm. Incubators : toured the TechArb , the engineering student accelerator, and the Michigan Venture Center in the University’s Tech Transfer Office. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

Michigan 307

Michigan Silicon Valley Venture Capital Incubator 307

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

JULY 7, 2015

Eric Ries co-founded Catalyst Recruiting while attending Yale, and continued his entrepreneurial career as a Senior Software Engineer at There.com. He later co-founded and served as CTO of IMVU and then authored The Lean Startup. He was named entrepreneur-in-residence at Harvard Business School in 2010 and is currently an IDEO Fellow.

Lean 120

Lean Technical Cofounder Silicon Valley Channel 120

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

MAY 21, 2012

Software is truly eating the world. And as Clean Tech VC’s have painfully learned, trying to scale Clean Tech past demonstration plants to industrial scale takes capital and time past the resources of venture capital. The reality is that it took venture capital almost a decade to recover from the dot-com bubble.

Silicon Valley 336

Silicon Valley Venture Capital Social Media Media 336

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. China Venture Capital. Entrepreneurship in Beijing.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

JANUARY 20, 2014

Before moving to Bend last year, my career took me from engineering development roles at defense contractors in the 80’s to product management and executive marketing roles in companies like Qualcomm in the 90’s, to the world of venture capital at several firms including Bay Partners, Formative Ventures and Vulcan Ventures.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

OCTOBER 19, 2009

He would go on to be a co-founder of two mechanical engineering software companies.) And they were responsible for helping our 3 rd party software group reach the right application providers to port their software to our computer. be a user of software (for the consumer use case).

Engineer 198

Engineer Silicon Valley Part-Time VPE Advisory Board 198

Steve Blank

JANUARY 21, 2016

Instead, I went the Software as a Service route and tried to charge for what was a commodity product. We could have let you have the software for free, basically. … I should have realized earlier that I was building a marketplace… I could have built what now is like, Thumbtack or ServiceMagic or something like that.

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

JULY 19, 2011

When we were trying to raise money for E.piphany, my last startup, I was negotiating with a venture capital firm called Infinity Capital. The senior partner at the time was Bill Davidow , a marketing legend and a hero of mine who had also funded other Enterprise software companies. Throw in the Photo and You Have a Deal.

Post-Money Valuation 250

Post-Money Valuation Venture Capital Valuation IPO 250

Steve Blank

MAY 11, 2009

Present at the Creation It was early 1991 and Apple’s software development team was hard at work on QuickTime , the first multimedia framework for a computer. So SuperMac engineering also developed video compression software, called Cinepak. The software was idiot proof. There was nothing for the consumer to do.

Video 164

Video Silicon Valley RSS California 164

Steve Blank

MARCH 31, 2014

Today’s workforce has radically different expectations, brands are losing their power, physical channels are being destroyed by virtual ones, market share is less important than market creation, and software is eating world. As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JUNE 2, 2011

Jon Feiber at MDV is going to try investing in startups emerging from Universities with great engineering schools outside of Silicon Valley that have entrepreneurship programs, but minimal venture capital infrastructure. Kathryn Gould of Foundation Capital and Ann Miura-Ko of Floodgate also want to try it.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

AUGUST 20, 2013

Venture Capital Issues. Early stage Venture Capital for medical device startups has dried up. The amount of capital being invested in new device companies is at an 11 year low. Venture Capital. Because device IPOs are rare, and M&A is much tougher, liquidity for investors is hard to find.

Startup 294

Startup Venture Capital Lean IPO 294

Steve Blank

SEPTEMBER 25, 2014

Larry had the DNA I’ve seen common with all the successful entrepreneurs I’ve backed in my 25 years of Venture Capital work—only he had a more exaggerated case than most. Filed under: Technology , Venture Capital. Technology Venture Capital' Without a doubt, Larry was the most potent entrepreneur I’ve known.

Technical Review 333

Technical Review Venture Capital Software Review Database 333

Steve Blank

MARCH 18, 2011

Software companies had to buy specialized computers and license expensive software. Filed under: Technology , Venture Capital. The reward for doing so was a liquidity event via an Initial Public Offering. Startups needed millions of dollars of funding just to get their first product out the door to customers.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

NOVEMBER 16, 2009

Filed under: Customer Development , Customer Development Manifesto , Market Types « “Lessons Learned” – A New Type of Venture Capital Pitch Closure » 21 Responses Tweets that mention Times Square Strategy Session – Web Startups and Customer Development « Steve Blank -- Topsy.com , on November 16, 2009 at 7:20 am Said: [.]

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

OCTOBER 5, 2009

Never mind The first idea for our new company was a software product that looked something like Hypertext. Supercomputers get Personal Back in Sunnyvale my friend had not only been hired but had convinced the team that we should be building hardware – making a new class of computers not a software application.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

Steve Blank

DECEMBER 30, 2014

It will serve as a test bed for software, services and other technologies to improve the clinician/patient dynamic as well as improving workflows in the clinic. This has been nearly a 4-year journey,” said Schonthal who prior to moving back to Chicago in 2011 had been working in healthcare venture capital in San Diego.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

MARCH 20, 2009

But we knew something they didn’t; the total available market for color graphics boards was measurable by looking at an adjacent market, the color desktop publishing software market.

Silicon Valley 134

Silicon Valley Customer RSS Philippines 134

Steve Blank

JUNE 25, 2009

Business customers were starting to ask for “office automation solutions” – word processing, spreadsheets, graphing software on a desktop. Reply Sean Murphy , on June 25, 2009 at 10:23 am Said: @Prakash: at least for software there is an implicit relationship established. I’ve been in the exact same situation.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

AUGUST 31, 2009

BPM vendor (every software vendor!) Steve Blank and Eric Ries writings should be mandatory for software developers in the BPM [.] Reply Process for the Enterprise » Blog Archive » Why Doesn’t “Continuous Improvement&# Philosophy Apply to #BPM Vendors? , on September 25, 2009 at 9:43 am Said: [.]

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

APRIL 11, 2013

The Torch program created Innovation Clusters by creating national Science and Technology Industrial Parks (STIPs), Software Parks, and Productivity Promotion Centers. In addition to the 54 Science and Technology Industrial Parks, the Torch program also set up an additional 32 Torch Program Software Parks. Lessons Learned.

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

DECEMBER 7, 2009

As we were out looking for our Series B round, our company had gotten the attention of “name of big VC firm here” who wanted a play in enterprise software. Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. Are These Your Slides?

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

APRIL 2, 2009

Since no benchmarks existed, we enlisted our engineering department in a serious software development effort and wrote our own. Then we were going to buy our competitors’ boards (think “secret shopper”) and compare them to ours.

Silicon Valley 124

Silicon Valley Technical Review RSS Software Review 124

Steve Blank

JULY 11, 2016

Jessica Mah , founder of InDinero , provider of accounting software and tax services for small businesses. I went to a customer’s office and I watched him use my software. I started working with startups and venture capitalists. Jessica Mah. Joining me in the Stanford University studio were. Peggy Burke.

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Customer Development 120

Steve Blank

APRIL 11, 2013

The Torch program created Innovation Clusters by creating national Science and Technology Industrial Parks (STIPs), Software Parks, and Productivity Promotion Centers. In addition to the 54 Science and Technology Industrial Parks, the Torch program also set up an additional 32 Torch Program Software Parks. Lessons Learned.

Programming 170

Programming Technical Review SBIR China 170

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. Filed under: Venture Capital.

Founder 245

Founder Technical Review CTO Hire IPO 245