Remove 2009 Remove Customer Development Remove Early Stage Remove Finance
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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. What is your perspective on ‘sustainable technical differentiation’ for customer/market risk companies? We’ll talk about how to reduce risk in each type of market in the next post.

Vertical 162
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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. What are Early Stage VC’s Really Asking?

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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? In an early-stage startup especially, revenue is not an important goal in and of itself. Labels: agile , customer development 15comments: Scott Shapiro said.

Customer 167
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Founders and dysfunctional families « Steve Blank

Steve Blank

Founding a company is a sheer act of will and tenacity in the face of immense skepticism from everyone – investors, customers, friends, etc. You literally have to take your vision of the opportunity and against all rational odds assemble financing, and a team to help you execute. And that’s just to get started. or perhaps, discontent.

Founder 310
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Changing Equity Structures for Early Startup Employees

www.instigatorblog.com

The more that those first employees feel like founders in terms of their ownership, emotional attachment, responsibility and overall understanding of the startup process (including financing , running day-to-day activities, etc.) I do believe that early employees should trade salary for equity. the better the startup will be.

Equity 41
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Founder's Dilemmas: Equity Splits

www.startuplessonslearned.com

They assume that the tasks that they are performing during the early stage of startup development are the same tasks that will be performed during the next and very different stages. The Entrepreneur’s Guide to Customer Development. ► 2009. (88). ► June. (3). What is a startup?

Equity 72
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Rocket Science 4: The Press is Our Best Product

Steve Blank

Which at this stage of the company was marketing and financing. Not being able to hear negative customer input is an extremely bad idea. Out of the Ashes A few of the key tenets of Customer Development , came from the ashes. So while the words may have passed through my ears I couldn’t “hear&# it.