Remove 1997 Remove Business Model Remove Customer Remove Customer Development
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Clayton Christensen

Steve Blank

I remember the first time I read the Innovator’s Dilemma in 1997. He explained that companies have a penchant for continually improving sustaining products by adding more features to solve existing customer problems, and while this maximized profit, it was a trap. I never got to say thank you. Eye Opening.

Lean 429
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Revenue Development

K9 Ventures

In fact, at the time (1996-1997) we offered both a downloadable product, that our customers could install on their own servers, and a “hosted-offering”, which came to be known as “On-Demand”, then the “ASP” (Application Service Provider) model, and today we call it “SaaS” (Software as a Service). Not so fast.

Revenue 72
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Don’t Underestimate the Undergraduates

Steve Blank

Jim has founded six companies, including Preview Travel, one of the first online travel agencies, which went public in 1997 and subsequently merged to create Travelocity.com as an independent company. Jim Hornthal splits his time between venture capital, entrepreneurship and education. And Zignal Labs. Jim co-taught classes with me at U.C.

Lean 284
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Business Plans Are An Historical Artifact

Feld Thoughts

In the 1990s, business plan competitions were all the rage. I was a judge early on at the MIT $10k Competition (now the $100k Competition) and read lots and lots of business plans. By 1997, when I started investing as a venture capital investor, I was no longer reading business plans. Related articles. Looking for Help?

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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. .” 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. Support.com — On 2.5m

IPO 240