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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search.

Lean 335
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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Berkeley in 2010 to run the Lester Center for Entrepreneurship in the Haas School of Business we were teaching entrepreneurship the same way as when I was a student back in 1995. The final deliverable for that class was a 30-page business plan. We use Customer Development and the Lean LaunchPad to train and accelerate teams U.C.

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Can You Trust Any vc's Under 40?

Steve Blank

They taught you about customers, markets and profits. The world of building profitable startups as the primary goal of Venture Capital would end in 1995. The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down.

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New Rules for the New Internet Bubble

Steve Blank

The Golden Age (1970 – 1995): Build a growing business with a consistently profitable track record (after at least 5 quarters,) and go public when it’s time. 1970 – 1995: The Golden Age. The world of building profitable startups ended in 1995. August 1995 – March 2000: The Dot.Com Bubble.

Internet 334
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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Most of the startups they invested in either died by running out of money before they found a scalable business model or ended up in the “land of the living dead” by never growing (failing to Pivot.). Until 1995 startups going public typically had a track record of revenue and profits. Startup lifecycle in an IPO Market.

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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. One could argue that there’s nothing new here, as Internet distibution models started in 1995.

Lean 258
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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. Except I disagree with that definition of “success.” Support.com — On 2.5m

IPO 240