Remove 2003 Remove Business Model Remove Customer Development Remove Sales
article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

billion for a company with less than $50 million in sales. The Rise of Mergers and Acquisitions -– March 2003 -2008 After the dot.com bubble collapsed, the IPO market (and most tech M&A deals) shutdown for technology companies. For the next four or five years, technology M&A boomed, growing from 50 in 2003 to 450 in 2006.

article thumbnail

Why Internal Ventures are Different from External Startups

Steve Blank

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. A startup is a temporary organization in search of a repeatable, scalable business model. When companies want to innovate a new business model (vs.

Startup 327
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Elephants Can Dance – Reinventing HP « Steve Blank

Steve Blank

Things Change In 1956 Hewlett Packard (HP) was a 17-year old company with $20 million in test equipment sales with 900 employees. After failing dismally at making disposable digital cameras in 2003 Pure Digital Technologies reinvented their company in 2007 to make the Flip line of camcorders. But first some background.)

article thumbnail

From Nothing To Something. How To Get There.

techcrunch.com

also, like i said, pre-launch, the business guy doesn’t provide much value. after launch, however, having a good business guy becomes very important. also, just to clarify, the first idea we worked on that we called “meebo&# back in 2003 was my idea. Hopefully your idea of business model isn’t “ad revenue based”.

article thumbnail

The Lean LaunchPad Online

Steve Blank

It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. So what would a search process for a business model look like? And in 2003 the Haas Business School at U.C. He called it the “Lean Startup.”.

Lean 317