The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. For example, in the 1990’s 85% of the start-up funds of the new technology companies founded in Beijing came from the research center or university they left.

The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. For example, in the 1990’s 85% of the start-up funds of the new technology companies founded in Beijing came from the research center or university they left.

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Entrepreneurs are Everywhere Show No. 26: Javier Saade and Hillary Hartley

Steve Blank

government is the biggest spender and the biggest investor in research and development in the world. And some of it could be in development. So essentially, the government invests in both (research), and (development).” ” Two of the entrepreneurial programs, which I managed is called the Small Business Innovation Research (SBIR), and the Small Business Technology Transfer (STTR) programs. Filed under: Customer Development , SiriusXM Radio Show.

SBIR 133

Hubris Versus Humility: The $15 billion Difference

Steve Blank

These new cellular phone networks were built around two-way circuit switched technology designed to move voice calls without interruption. Unlike the circuit-switched cell phone networks, pager networks were built around digital packet-switched technology. In 1997, RIM introduced the first packet-switched messaging device. But RIM decided to hide all of that from their customers. The TiVo CEO hated the idea that customers might think of TiVo as a better VCR.

Clayton Christensen

Steve Blank

I remember the first time I read the Innovator’s Dilemma in 1997. His message was that existing companies are great at sustaining technologies and products but were ignoring the threat of disruption. Say not in grief he is no more – but live in thankfulness that he was.

Lean 322

Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

Convergent Technologies When I was in my 20’s I worked at Convergent Technologies , a company that was proud to be known as the “Marine Corps of Silicon Valley.” As an early employee I worked all hours of the day, never hesitated to jump on a “ red-eye ” plane to see a customer at the drop of a hat, and did what was necessary to make the company a winner.

Business Plans Are An Historical Artifact

Feld Thoughts

In 1987 when I started my first company (Feld Technologies), I wrote a business plan for a course at MIT that I was in called 15.375: New Enterprises. By 1997, when I started investing as a venture capital investor, I was no longer reading business plans. They can use Steve Blank’s Lean LaunchPad approach to get out of the building and actually incorporate customer development early into the definition of their business.