Steve Blank
SEPTEMBER 5, 2018
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.
Steve Blank
SEPTEMBER 14, 2009
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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Steve Blank
MARCH 3, 2015
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. It taught lean theory ( business model design , customer development and agile engineering) and practice. . —– When I came to U.C.
Steve Blank
MARCH 18, 2011
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. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability.
Steve Blank
JULY 15, 2010
Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. In either case Customer Development provides entrepreneurs with a methodology for being capital efficient. Suddenly there was a public market for companies with limited revenue and no profit.
Steve Blank
AUGUST 5, 2010
One could argue that there’s nothing new here, as Internet distibution models started in 1995. Lean VC’s are expert in on-line distribution, Agile and Customer Development. Filed under: Customer Development , Venture Capital. Tags: Customer Development Venture Capital.
A Smart Bear: Startups and Marketing for Geeks
OCTOBER 23, 2012
” 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
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