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Is the Lean Startup Dead?

Steve Blank

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. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

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

Steve Blank

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. outpace an existing company’s business model. You want to start executing the business model. Creative Destruction.

Search 245
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Customer Development in Japan: a History Lesson

Steve Blank

By then, I had become a venture capitalist at Mitsui Sumitomo Insurance and found myself talking to a lot of entrepreneurs who were proclaiming their great technology yet were struggling with little revenue, and claiming they were “crossing the chasm”. Maysee now enjoys hockey stick revenue growth.

Japan 296
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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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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Loyalty experts will swear this is not true, and will use complex models to demonstrate ROI of their systems. My company won the ROI of The Year award from The Banker magazine in 2004, something I was very proud of. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue.

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The Stock Dive: How I Learned to Stop Worrying and Love the Market

This is going to be BIG.

5) Is the post-money on your last round north of $30mm and you’ve yet to show meaningful and repeatable revenue traction that comes with positive contribution margins? There could be lots of things wrong with their business model that you didn’t notice until the company folded—and not just because of financing issues.

Stock 97
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The Other Amazon Deal this week. Drupal founder attracts over $100 Million in 3 months.

Scalable Startup

the original products can’t generate revenue, so when these OS projects occassionally blow up into phenomenons like Drupal and WordPress have over the past few years, it’s gratifying but also quite frustrating to watch others derive so much value from your baby while you toil away to lead its growth with no financial return.

Founder 42