Remove 2009 Remove Acquisition Remove Customer Development Remove Finance
article thumbnail

The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

So what’s wrong the product development model? The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.)

article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Tech acquisitions went crazy at the same time the IPO market did. And some companies didn’t even have to go public to get liquid.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students. I’ve heard investors ask about sustainable technical differentiation for companies that you put on the customer/market risk end of the scale. are much more differentiating than technology.

Vertical 144
article thumbnail

Startup Tools

steveblank.com

Managewith.us - Collaborative Task Manager Mavenlink - manage project communications, documents, schedules, budgets, payments Industrial Logic – Agile eLearning Misc Office Help Google Apps – cloud mail server, calendar, docs, etc.

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? For more on how this plays into the process of scaling up, see the Customer Creation stage of the customer development model.) Great post! Great post!

Customer 167
article thumbnail

Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. The table below from web2asia.com shows the number of users of online social networks as of 2009. there are almost no mergers or acquisitions in this market segment. China Customer Development Technology Venture Capital'

article thumbnail

If I Told You I'd Have to Kill You: The Story Behind “The Secret.

Steve Blank

And you’d like me to do my talk on Customer Development and startups?” “No, we’re the other CIA.” Martin , on March 23, 2009 at 5:10 pm Said: A beautiful example of consilience. Reply Christine , on July 23, 2009 at 11:51 am Said: and how, Mr. Martin. Patrick , on March 23, 2009 at 5:19 pm Said: Great story.