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

Steve Blank

It went bankrupt in 1997.). A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. 4:30 How did you come up with the idea of customer development? 33:15 Thank you to Detroit Venture Partners for supporting the show. 37:45 Let’s talk about the dichotomy between customer development and Y Combinator?

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Hubris Versus Humility: The $15 billion Difference

Steve Blank

In 1997, RIM introduced the first packet-switched messaging device. But RIM decided to hide all of that from their customers. While phrases like “mobile email and packet switching” didn’t mean a thing to RIM’s first customers, the “interactive pager” positioning proved important in attracting early adopters.

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

Steve Blank

It went bankrupt in 1997.). A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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Business Plans Are An Historical Artifact

Feld Thoughts

I went on to create a company, with my partner Dave Jilk, that bore very little resemblance to that business plan. By 1997, when I started investing as a venture capital investor, I was no longer reading business plans. The textbook for the course was Jeffry A. In the 1990s, business plan competitions were all the rage.

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Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

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. And one would become my mentor and partner in later companies.) Two of my role models for my career were in this company. (And