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Why Pioneers Have Arrows In Their Backs

Steve Blank

Over time the idea that winners in new markets are the ones who have been the first (not just early) entrants into their categories became unchallenged conventional wisdom in Silicon Valley. The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Product Pioneer.

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

Steve Blank

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. The market was created to provide startups and their investors liquidity. Filed under: China , Customer Development , Technology , Venture Capital.

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Hubris Versus Humility: The $15 billion Difference

Steve Blank

In 1998 RIM quickly followed this up with a next generation product with an 8-line display, ran on AA batteries and would last 500 hours. 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. You got it.

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Revenue Development

K9 Ventures

We really were doing the i-thing before Apple came out with its first iMac in 1998. Heck, it had to work, since we built it in close consultation with the customer. I tell these stories to lay the groundwork for what I am going to call Revenue Development. Does it change as you open new market segments or territories?

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

Steve Blank

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. The market was created to provide startups and their investors liquidity. Filed under: China , Customer Development , Technology , Venture Capital.

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New Rules for the New Internet Bubble

Steve Blank

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. They taught you about customers, markets and profits. The goals were “first mover advantage,” “grab market share” and “get big fast.”

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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. OneBox.com — On $60m invested, sold for $850m 18 months after launch to J2 just before market crash — score!

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