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2011

Startup Lessons Learned

Thank you, 2010. I'm excited for 2011, and I want to share some of my plans for the coming year. I can't believe a whole year has passed since I wrote a blog post called " Towards a new entrepreneurship " laying out my priorities for 2010. For 2010, I announced four main projects. But we still have a long way to go.

Lean 153
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Teaching Entrepreneurship in “Chilecon Valley”

Steve Blank

The idea of this course started on a trip to Stanford University during March 2010, where we realized that many of the great innovations in Silicon Valley are born from Computer Science students, so we said “We should give our computer science students an opportunity to develop a company”.

Chile 240
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

The company already has paying customers and a validated business model. Abhijit foresees primarily a technology licensing business model whereby device vendors would be paying royalty per handset or tablet. PDT on the following dates: Thursday, June 23, 2011: Register Here. Thursday, June 30, 2011: Register Here.

India 123
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Ten Crowdsourcing Trends for 2011

crowdSPRING Blog

Here are my picks for the top ten crowdsourcing trends for 2011: 1. In 2010, the top two design crowdsourcing marketplaces (crowdSPRING and 99designs) together paid well over $1 million dollars every month to thousands of designers from around the world. These payments will increase to the mid seven figures monthly in 2011.

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Freemium is alive and kicking

David Cohen

.” In researching my answers for the WSJ reporter, I dug up some data on TechStars companies over the last several years that use the freemium model. The second thread was about how to extract the money – in effect – what the business model should be. Here’s the data: 2007: 10%.

Vertical 110
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Shark Tank Season 4 week 4 breakdown

Lightspeed Venture Partners

The entrepreneur launched Zomm in late 2010 and did $700k in sales that year. He did $5M in 2011 sales and is projected $7.2m Some partial answers came up, including spending on a new version of the product with additional features, and excessively high inventories relative to actual sales in holiday 2011.

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Convergent Technologies: War Story 1 – Selling with Sports Scores.

Steve Blank

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. Memorex is turning 50 years old in 2011.