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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. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash. It’s the antithesis of the Lean Startup. And it may work. Dot Com Boom to Bust. It was a nuclear winter for startup capital.

Lean 335
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The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

If you’ve been reading my book on Customer Development and follow my work on Market Type , this type of innovation is best for adding new products to existing markets. In fact the people a large firm needs for this kind of innovation looks suspiciously like startup founders and the processes needed look like Customer Development.

Search 245
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Customer Development Manifesto: Market Type (part 4) « Steve Blank

Steve Blank

In future posts I’ll describe how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This was possible because in 2000, Donna and Handspring were in an Existing Market. End result?

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Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

Version 1 was built without customer feedback, and before version 1 was complete work had already started on version 2 so it took till version 3 before the customer was really heard (e.g. Best practices in software development started to move to agile development in the early 2000’s. Microsoft Windows 3.0).

Lean 120
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Can You Trust Any vc's Under 40?

Steve Blank

The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. Yahoo would hit $104/share in March 2000 with a market cap of $104 billion.) The boom in Internet startups would last 4½ years until it came crashing down to earth in March 2000.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

It’s often said that you shouldn’t talk about price during customer development interviews. 100,000/mo means Global 2000 only, large-scale projects that require multiple departments for decision and approval, long sales cycles (9-18 months) which requires massive cash spend to bide your time.

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Entrepreneurs are Everywhere Show No. 14: Matthew Wallenstein and Jason Young

Steve Blank

Knowing your customers is the single biggest driver of startup success, and there’s no substitute for getting out of the building to learn about their problems and needs. Like Matthew, Jason sees enormous value in talking with customers: The biggest thing I learned was just how much you don’t know. Get out of the building.

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