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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
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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.

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The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

Philip Bouchard : You’ve started teaching at Berkeley since 2002, Columbia in 2003 and at Stanford since 2011. Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. Distribution channels, brand loyalty, etc. Building an entrepreneurship ecosystem.

Incubator 331
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Two Decade-Defining Acquisitions? Then (Google) & Now (Apple)

Genuine VC

Back in 2003 Google acquired Applied Semantics for just over $100M. This startup had a little technology called AdSense which allowed for the presentation of contextually relevant ads on a set of distributed publisher sites. With it, Google monetized via advertising not only on their own search pages, but beyond.

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Two Decade-Defining Acquisitions? Then (Google) & Now (Apple)

Genuine VC

Back in 2003 Google acquired Applied Semantics for just over $100M. This startup had a little technology called AdSense which allowed for the presentation of contextually relevant ads on a set of distributed publisher sites. With it, Google monetized via advertising not only on their own search pages, but beyond.

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How do I get my first few customers?

A Smart Bear: Startups and Marketing for Geeks

If you’re Oracle with 47 product lines in 100 countries and 20 languages with distributed teams of tech writers is this the best tool? But this was 2003 when AdWords was new. One gets 100 paying customers from a single TechCrunch announcement; the next says their TechCrunch announcement garnered 10,000 visits and zero sales.

Customer 279
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Behind Every Great Product

SVPG

Even worse, DVD sales were starting to lag, and a Hollywood backlash further muddied the situation. Those were the technology-powered innovations that enabled the new, much more desirable business model. This solution clearly differentiated for the sales team, and also ensured quality search results, whether paid or organic.

Product 60