Steve Blank

OCTOBER 7, 2011

—— I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. Startup Accelerators: Startup Sauna and Vigo which includes Lifeline Ventures , KoppiCatch , and Veturi. 9-to-5 Venture Capital. Startup Blog: Arctic Startup.

Finland 324

Finland Venture Capital Government Russia 324

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. Like the U.S.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

NOVEMBER 1, 2011

Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner. Venture capital as a profession is less than half a century old. Market/technology acuity (patterns of success, domain expertise). venture/operating partners to get them into new industries. Here’s why.

Venture Capital 332

Venture Capital Early Stage Technical Review Startup 332

Steve Blank

JANUARY 21, 2015

This raises an interesting question: is the credibility of female entrepreneurs in the eyes of New York VC’s something about the venture firms, or is it about the industries they are funding? One can make the case that New York venture capital industry is rooted in the 21 st century not the 20 th.

Silicon Valley 120

Silicon Valley New York City New York Venture Capital 120

Steve Blank

APRIL 16, 2013

In the last decade it’s become clear that companies are facing continuous disruption from globalization, technology shifts, rapidly changing consumer tastes, etc. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan Customer Development Customer Development Manifesto Lean LaunchPad Teaching Venture Capital'

Technical Review 327

Technical Review Lean Venture Capital Customer Development 327

Steve Blank

APRIL 26, 2022

Except, that is, for the bottom feeders of the Venture Capital business – investors who “ cram down ” their companies. Venture capital, like most private equity, is an unregulated financial asset class – anything goes. ” On one hand they’re right.

Cram Down 404

Cram Down Founder Venture Capital Recapitalization 404

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. Convergent Technologies was one of those OEM suppliers. Their engineers hated us.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. 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

APRIL 16, 2013

In the last decade it’s become clear that companies are facing continuous disruption from globalization, technology shifts, rapidly changing consumer tastes, etc. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan Customer Development Customer Development Manifesto Lean LaunchPad Teaching Venture Capital'

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

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. The Bad News.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Steve Blank

OCTOBER 10, 2011

I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. The young entrepreneurs I met are bringing impressive energy and intelligence to their goal of building one of Europe’s leading technology hubs in Helsinki.

Finland 324

Finland Naming Russia Government 324

Steve Blank

DECEMBER 10, 2009

The assets you can protect may include your “core technology&# like source code, hardware designs, architectures, processes, formulas. non-public technology. technology, business information. _. new technology. An intellectual property strategy will map out: Who are the key players and technologies in its market(s)?

Intellectual Property 213

Intellectual Property IP Software Review Non-disclosure Agreement 213

Steve Blank

APRIL 14, 2013

Though they’re familiar with technology in the valley, I picked up some important cultural difference from students and startup engineers I talked to. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital' Fear of Failure.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

Steve Blank

FEBRUARY 11, 2010

The phone call would sound something like: “We have a company with great technology and a hot product but at the last board meeting we determined that they have a marketing problem. Filed under: Customer Development , Venture Capital. Tags: Customer Development Venture Capital.

Burn Rate 248

Burn Rate Silicon Valley Marketing Boston 248

Steve Blank

JANUARY 25, 2011

Our CEO doesn’t have a technology background, but he’s frustrated he can’t get the new features and platforms he wants (Facebook, iPhone and Android, etc.) Filed under: Customer Development , Technology , Venture Capital. “As we’ve grown we’ve become less and less responsive to changing market and customer needs.

Part-Time VPE 318

Part-Time VPE Agile Engineer Startup 318

Steve Blank

APRIL 14, 2013

Though they’re familiar with technology in the valley, I picked up some important cultural difference from students and startup engineers I talked to. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital' Fear of Failure.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

JANUARY 27, 2011

The most visible step was the first International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology. Filed under: Business Model versus Business Plan , Teaching , Venture Capital. I spent last weekend in Utah at BYU as a guest of Professor Nathan Furr , (a former Ph.D.

Business Model 275

Business Model Utah Intellectual Property Agile 275

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x But customers didn’t agree.

Japan 292

Japan Customer Development Developer Customer 292

Steve Blank

MAY 29, 2011

He set up Blackbox.vc, a seed accelerator for technology startups (and one of the tour stops for entrepreneurs from around the world.) Filed under: Customer Development , Teaching , Venture Capital. They went to work gathering deep knowledege of what makes successful Internet startups. ——-.

Technical Cofounder 333

Technical Cofounder Early Stage Startup Silicon Valley 333

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. Startups here are primarily in what they call the TMT (Technology, Media and Telecommunications) segment. It was the first of the 54 Science and Technology Industrial Parks. China Venture Capital. Entrepreneurship in Beijing.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

APRIL 10, 2013

China has embraced state capitalism in a way Wall Street can only dream about. Startups, Venture Capital and the Communist Party: how did this happen in China? viewed science and technology as a strategic asset. Building China’s Science and Technology infrastructure. During World War II, the U.S.

China 315

China Taiwan Silicon Valley Guam 315

Steve Blank

APRIL 8, 2022

And China is outpacing us by adopting the very innovation methods we invented, integrating commercial technology with academic research, and delivering it to the Peoples Liberation Army. The technology insights and expertise of Stanford Engineering. Silicon Valley’s deep commercial technology ecosystem. CONOPS Development.

Security 217

Security Silicon Valley China Private Equity 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 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. Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. Their guess was that they would find value in the high margin graphics business.

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.

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

Steve Blank

APRIL 23, 2014

In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations. Silicon Valley – a Corporate Innovation Candy Store.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Steve Blank

MAY 21, 2012

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. and put U.S. A new car company?

Silicon Valley 336

Silicon Valley Venture Capital Social Media Media 336

Steve Blank

NOVEMBER 12, 2009

Brendan McManus said: “Lessons Learned” – A New Type of Venture Capital Pitch [link] #startup #advice [.] Lessons Learned” – A New Type of Venture Capital Pitch « Steve Blank (tags: presentations presuation vc startup) [.] Lessons Learned” – A New Type of Venture Capital Pitch [.]

Venture Capital 209

Venture Capital Silicon Valley RSS Hockey Stick 209

Steve Blank

APRIL 12, 2011

Filed under: Family/Career , Teaching , Technology , Venture Capital. We covered a wide range of topics. This talk on Risk and Culture in Silicon Valley is a small 1 minute snippet of a longer interview on his blog.

Silicon Valley 312

Silicon Valley Venture Capital Technology 312

Steve Blank

FEBRUARY 10, 2016

Over the past decade, he has launched multiple businesses, including three technology companies. Will : Yes, and that was my first brutal intro into the difficulties of raising venture capital where I lived. . Steve : There is probably is no venture capital for 50 miles, if not 500 miles. .

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 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

APRIL 10, 2013

China has embraced state capitalism in a way Wall Street can only dream about. Startups, Venture Capital and the Communist Party: how did this happen in China? viewed science and technology as a strategic asset. Building China’s Science and Technology infrastructure. During World War II, the U.S.

China 207

China Taiwan Silicon Valley Guam 207

Steve Blank

DECEMBER 20, 2011

19 of the 21 teams are moving forward in commercializing their technology. We recruited two veteran Venture Capital partners to be part of the 10-week teaching team: Jon Feiber , at Mohr Davidow and John Burke of True Ventures. This week we saw the results. It was an extraordinary effort. Your Country Needs You.

Incubator 301

Incubator Government Silicon Valley Lean 301

Steve Blank

JULY 25, 2011

Each region had two of the finest research universities in the United States, Stanford and MIT, which were building on the technology breakthroughs of World War II and graduating a generation of engineers into a consumer and cold war economy that seemed limitless. government backed venture firms and limited partnerships.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. Startups here are primarily in what they call the TMT (Technology, Media and Telecommunications) segment. It was the first of the 54 Science and Technology Industrial Parks. China Venture Capital. Entrepreneurship in Beijing.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

APRIL 7, 2011

Students ; presented to entrepreneurship classes teaching technology-driven Scalable startups as well as students interested in Social Entrepreneurship. Venture Capital ; met with the local hardware/software venture capital firm. 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

MARCH 5, 2015

Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Family/Career/Culture , Lean LaunchPad , Life Sciences (NIH) , Teaching , Technology , Venture Capital.

Channel 120

Channel Venture Capital Lean Business Model 120