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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

iridium-9500 satellite phone ~1999. But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. Instead of the 42 million customers called for in its business plan, Iridium had 30,000 subscribers at its peak. Lessons Learned.

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Invest in Israel Newsletter December 2010 Edition

VC Cafe

The G/SCORE measures the key milestones a company has achieved in business building along seven factors: overall concept, market opportunity, competitive risk, product development, business development, team, and business model. From 1999 to 2009, Teva’s revenue grew to about $14 billion from $1.3

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The Lean Entrepreneur is here

Startup Lessons Learned

A few of the detailed case studies include: Tech legend Bill Gross building an MVP in 1999 to test demand for online car sales, which grew into CarsDirect.com. The Lean Entrepreneur offers new thinking, tools and activities that help organizations identify and act upon business model challenges in a waste-eliminating manner.

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Scaling is Hard, Case Study: Akamai

Seeing Both Sides

To help shine some light on this topic, I’ve decided to do a series of blog posts of case studies of companies founded in the last 10-15 years that have made the transition from finding initial product-market fit to building a large, scalable, platform company. The first year of revenue (1999) was $4 million – a remarkable achievement.

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10 years of entrepreneurship

Startup Lessons Learned

In the summer of 1999, I started working on a startup from my college dorm. Id been on the internet since I was playing MUDs as a kid, but by 1999 I felt Id already missed the boat. You can even see the humiliating evidence of my smug incompetence in this absurd article from 1999.) No business model, either.