Steve Blank

MARCH 8, 2010

———— By the early 1960’s Lockheed Missiles Division in Sunnyvale was quickly becoming the largest employer in what would be later called Silicon Valley. Filed under: Secret History of Silicon Valley. Tags: Secret History of Silicon Valley.

Silicon Valley 129

Silicon Valley Germany Engineer Cofounder 129

Startup Professionals Musings

NOVEMBER 4, 2018

According to the International Business Innovation Association ( InBIA ), there are over 2,200 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley. Assuming 60 companies are accepted in a specific batch, that would mean around 2000 companies applied.

Incubator 218

Incubator Silicon Valley North America Small Business Administration 218

Austin Startup

DECEMBER 17, 2017

We just closed out in 2017 our 10-year early-stage venture fund started in 2000. I believe the famous Ron Conway made about 300 investments in his Silicon Valley angel fund in the late 90’s, and his one big win was?—?Google. Yes, that has multiple meanings!) Do the math.

Silicon Valley 48

Silicon Valley Atlanta Software Review Early Stage 48

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. It was early 2000. This article originally appeared on TechCrunch. That was market.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Agile VC

MAY 26, 2011

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. Our growth started in Silicon Valley and our users were still predominantly from the tech world for the first year or two. Im a former Silicon Valley entrepreneur turned East Coast VC. quite encouraging.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Steve Blank

JULY 15, 2013

Given my talks on the Secret History of Silicon Valley I was interviewed on NPR about the disclosure that the NSA said they had a new capability that tripled the amount of Skype video calls being collected through Prism. Since 2000, Intel has put out 29 microcode updates to their processors.

Silicon Valley 335

Silicon Valley Russia Security Customer Development 335

K9 Ventures

NOVEMBER 16, 2011

I started the company in December 1996, we sold the company in March 2000 (3+ years). Well, today I’m going to explain why I now believe that this thinking is flawed (for Silicon Valley at least, not sure about other geographies). In fact, when starting K9 I used my own startups as an example such capital efficiency.

Silicon Valley 91

Silicon Valley Venture Capital Technical Review Acquisition 91

K9 Ventures

NOVEMBER 16, 2011

I started the company in December 1996, we sold the company in March 2000 (3+ years). Well, today I’m going to explain why I now believe that this thinking is flawed (for Silicon Valley at least, not sure about other geographies). In fact, when starting K9 I used my own startups as an example such capital efficiency.

Silicon Valley 90

Silicon Valley Venture Capital Technical Review Acquisition 90

Startup Professionals Musings

FEBRUARY 10, 2010

Since Keiretsu Forum’s founding in 2000, its members have invested over $180M in 200 companies in technology, consumer products, healthcare/life sciences, and real estate. The Founding Chapter is in Silicon Valley, California, (naturally), and I have a connection there if you need a start.

Angel Investor 120

Angel Investor North America South America Accredited Investor 120

Babbling VC

MAY 19, 2012

Without sounding all grim, I want to just reiterate what I told a ton of my portfolio companies back in 2000. They weren't originally in Silicon Valley. Nor should you make any major decisions based on what Facebook did. Learn where you can but do not consider them your peer. . Keep at what you are doing regardless.

Silicon Valley 81

Silicon Valley Technical Review IPO Social Network 81

Seeing Both Sides

NOVEMBER 30, 2013

That said, only three of these companies are software technology companies - TripAdvisor ($12.5B), athenahealth ($5.0B) and Starent ($2.8B) - and they were founded in 2000, 1997 and 2000, respectively. In other words, there have been no multi-billion dollar valued tech companies founded in Boston in the last 13 years.

Boston 55

Boston Technical Review Silicon Valley Software Review 55

Both Sides of the Table

JUNE 27, 2011

I know because I did this in early 2000. At one company I work with it’s clear that our target user today is youth-oriented and middle America as opposed to 20-something and Silicon Valley or New York. We rushed to market to be first and got great coverage in the Financial Times (we were in London).

Early Stage 380

Early Stage Stealth Marketing Startup 380

YoungUpstarts

FEBRUARY 20, 2014

As a percentage of total US employment, proprietors have steadily increased every year since 2000. The US labor force gained over 10 million more working proprietors between 2000 and 2012—with over 21% of working Americans receiving at least part of their income through self-employment.

Silicon Valley 217

Silicon Valley Non-Compete API Vertical 217

500hats.com

AUGUST 2, 2012

While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago. note: apologies in advance for the west coast bias; i’m in silicon valley).

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Startup Professionals Musings

OCTOBER 17, 2016

According to the National Business Incubator Association ( NBIA ), there are over 7,000 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley. Assuming 60 companies are accepted in a specific batch, that would mean around 2000 companies applied.

Incubator 120

Incubator Silicon Valley Startup Small Business Administration 120

Steve Blank

SEPTEMBER 11, 2015

Steve : You know, I call this the Hollywood-ization of Silicon Valley. When we get a television show that parodies the Silicon Valley community, and we don’t even notice that that’s what’s happening often, then you kind of know you’re in trouble. Chris : It’s exactly like that.

Entrepreneur 120

Entrepreneur Silicon Valley Cofounder Channel 120

Startup Professionals Musings

DECEMBER 27, 2014

Examples of some leaders in this space include Ron Conway in Silicon Valley and Brian Cohen , chairman of the New York Angels, who each may have over 500 startups in their portfolio. Individual angel investors have been filling the gap, and now match VCs in total amount invested.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Both Sides of the Table

DECEMBER 5, 2010

The lesson was learned over 30 years in Silicon Valley: you create ecosystems where third-parties can innovate and thrive and you become the legitimate center of it all and can tax the system later. In April of 2000 there were fears that the AOL / Time Warner merger would create a monopoly on the Internet.

Social Network 297

Social Network Networking Internet EC2 297

Steve Blank

OCTOBER 3, 2016

We tried to sell inside Silicon Valley, so these were all tech companies. As we tried to sell outside the Valley, it is a very different world. There are 500 Fortune 500 companies and there are global 2000, and there are another maybe 1 million small and medium businesses in the world. You can scale much better.

Cofounder 274

Cofounder Silicon Valley Entrepreneur EC2 274

Steve Blank

OCTOBER 3, 2016

We tried to sell inside Silicon Valley, so these were all tech companies. As we tried to sell outside the Valley, it is a very different world. There are 500 Fortune 500 companies and there are global 2000, and there are another maybe 1 million small and medium businesses in the world. You can scale much better.

Cofounder 274

Cofounder Silicon Valley Entrepreneur EC2 274

Both Sides of the Table

FEBRUARY 27, 2011

Robert Scoble has weighed in calling AngelList, “ The New Silicon Valley Hype Machine. &# I’m not sure if that’s how AngelList would like to be branded. But privately here is what I say every week, “I was at the dot com cocktail party in 99-2000. I’m sorry, but that’s dumb. Isolated incident?

Southern California 267

Southern California Angel Investor Early Stage Silicon Valley 267

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. August 1995 – March 2000: The Dot.Com Bubble. Carpe Diem. We’re now in the second Internet bubble. Rules For the New Bubble: 2011 -2014.

Internet 334

Internet IPO Silicon Valley Agile 334

YoungUpstarts

FEBRUARY 19, 2014

By attending, you’ll make connections with 80+ of the world’s top social media pros (plus 2000 of your peers) and you’ll discover amazing ideas that’ll transform your social media marketing. Venture Summit Silicon Valley. Attend the world’s largest social media marketing conference of the year!

Las Vegas 165

Las Vegas North America Silicon Valley New York City 165

Steve Blank

OCTOBER 4, 2010

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 only problem is that it’s simply not true. By then it was too late.

Silicon Valley 317

Silicon Valley Differentiation United States Customer Development 317

The Equity Kicker

JANUARY 27, 2014

Recently I’ve been hearing a lot that there is a new bubble in Silicon Valley. Firstly growth in investment is far slower now than it was then, and secondly at $8bn per quarter total investments now are less than half the Q1 2000 peak. People are worried that it will burst and we will feel the effects over here.

Silicon Valley 110

Silicon Valley New York Venture Capital Acquisition 110

Both Sides of the Table

JULY 27, 2014

Mark pointed out that on the one hand 6 months ago one of Silicon Valley’s best known ibankers told him that SaaS public valuations were the most over-valued since the dot com bubble in 2000. He said that a16z prefers to invest earlier stage in these types of businesses.

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309

online.wsj.com

JULY 11, 2012

Theres a power struggle underway in Silicon Valley. But Andreessens approach is also exposing a rift in Silicon Valley, where a group of young and relatively untested entrepreneurs have maintained control over their rapidly growing companies. Stock Quotes. more in Tech. Find New $LINKTEXTFIND$ » smaller.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

The Equity Kicker

SEPTEMBER 26, 2012

At the same time we have seen the start-up ecosystems in New York, London and Berlin emerge as meaningful competitors to Silicon Valley. Those VCs were nearly all situated in Silicon Valley and most companies couldn’t get very far without going to them. It’s no coincidence that these two developments have come together.

Silicon Valley 97

Silicon Valley Cost Startup Boston 97

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. There is really no other place in the world like Silicon Valley. I am very grateful to my friend Zoli Erdos for finding this retro posting for me at web.archive.org. I had kept a personal blog for more than a year and was new at keeping a professional blog.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

ReadWriteStart

JULY 24, 2012

Small wonder that women made up just 21% of all programmers in 2010, off from 24% in 2000. Small wonder that women made up just 21% of all programmers in 2010, off from 24% in 2000. Consider Silicon Valley, circa 2012. Or that less than 10% of venture-backed companies have women founders. It’s Still A Man’s World.

New York City 156

New York City Silicon Valley New York API 156

Hunter Walker

FEBRUARY 2, 2014

Sure you had lots of niche businesses throwing of good amounts of cash, but if you were an investor in Silicon Valley looking for a multibillion dollar outcome, there was an informal checklist you went through: a) Have I heard of it? In 2000 “never heard of it” meant pass. Oh because it was only 15 years ago.

Silicon Valley 100

Silicon Valley Mobile Marketing 100

Feld Thoughts

JULY 28, 2014

Each of the SBIC funds were raised in the 2000 – 2002 time period. If you want to see a fun quote on it, read A History of Silicon Valley which quotes: “ …many venture capital pioneers think the SBIC program did little to advance the art and practice of venture investing.

SBIC 142

SBIC Venture Capital Colorado SBA 142

Pascal's View

AUGUST 12, 2009

I liked the Friday, August 7 Wall Street Journal editorial, Washington vs. Silicon Valley , but it does not go far enough. Between 2001 and 2008 mergers and acquisitions (M&A) accounted for 87% of venture-backed company exits, up from an average of 44% in between 1992 and 2000.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

ReadWriteStart

MAY 25, 2018

Abandon geographical boundaries: While the dot-com bust had some ripple effects on the world economy, the rise and fall of Silicon Valley was far more localized. In November 2000, an index of 280 internet stocks was down by $1.7 Finding footing on shaky ground. The ’90s tech boom was followed by a solid bust.

South Korea 114

South Korea Silicon Valley Sweden Africa 114

Agile VC

OCTOBER 17, 2011

What we refer to as the PC era (the ’80s, ’90s, and early 2000′s) was not just the desktop phase era but more accurately a desktop corporate computing era. It was only in 2000 that a majority of of US homes had a computer. Im a former Silicon Valley entrepreneur turned East Coast VC. Author howerl.

Silicon Valley 133

Silicon Valley Seed Stage Syndicate Syndication 133

Feld Thoughts

DECEMBER 18, 2011

Pre Internet Bubble (1995 – 2000). We Need To Be Like Silicon Valley. The table of contents, as of today, follows. The Boulder Entrepreneurial Community. Boulder As A Laboratory. Before the Internet (1970 to 1994). The Internet Bubble (2001 – 2002). The Beginning of the Next Wave (2003 – 2011). Resources.

Community 142

Community Silicon Valley Incubator Colorado 142

Steve Blank

SEPTEMBER 10, 2009

This was possible because in 2000, Donna and Handspring were in an Existing Market. In contrast, in 2000 Handspring entered an Existing Market. (“ Disruptive ” and “sustaining” innovations, eloquently described by Clayton Christensen , are another way to describe new and existing Market Types.) End result? Order Here. Now In Print!

Customer Development 196

Customer Development Developer Customer Silicon Valley 196