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Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. In 1998 Goto.com , a small startup (later Overture, now part of Yahoo ! ), created the pay per click search engine and advertising system and demo’d it at the TED conference. The only problem is that it’s simply not true.

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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. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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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). We were desperate to get a marquee customer.

Revenue 72
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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. But RIM decided to hide all of that from their customers. In today’s language of Customer Development , a TiVo positioned as a segment of an existing market (VCR’s) was a no brainer.

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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. Filed under: China , Customer Development , Technology , Venture Capital. China Customer Development Technology Venture Capital'

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New Rules for the New Internet Bubble

Steve Blank

They taught you about customers, markets and profits. Startups needed millions of dollars of funding just to get their first product out the door to customers. VC’s went back to basics, to focus on building companies while their founders worked on building customers. and aim for hundreds of millions of customers.

Internet 334
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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. Except I disagree with that definition of “success.” Support.com — On 2.5m

IPO 240