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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. It’s the antithesis of the Lean Startup.

Lean 335
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What Just Happened

Feld Thoughts

For those of you older than 40, it sort of felt like 2000. Its revenue grew by 30%+. Another company had a revenue decline of 25%. Almost all of the prognosticating I heard in 2022 was similar to what I heard and often said in 2000. If you are younger than 40, a massive tech bubble just burst. I expect you know that.

Valuation 172
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The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

The company loses customers, then revenues and profits decline and it eventually gets acquired or goes out of business. Meeting the Challenge of Disruptive Change, Clayton Christensen/Michael Overdorf: March/April 2000. - The Ambidextrous Organization, Charles O’Reilly / Michael Tushman : April 2004. Creative Destruction. .

Search 242
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Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

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How to Radically Stand Out with Brand Marketing

ConversionXL

Jeff Bezos’s private space technology company Blue Origin was founded back in 2000. He was swiftly followed by Richard Branson and Virgin Galactic in 2004. And yet, revenue went up by 45% YoY. You’d think that no one could recreate a product so sophisticated and advanced as space rockets, right? Brand is your strongest asset.

Marketing 109
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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

My company won the ROI of The Year award from The Banker magazine in 2004, something I was very proud of. Of course incumbents cannot be expected to jeopardize their revenue streams or investments in CRM platforms with new concepts that wipe out the need for their current solutions. While all this was true, something else was going on.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Google is still a private company (their IPO was Aug 2004). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. conference happened at the end of 2004). I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003.