Remove 2010 Remove Customer Development Remove Early Stage Remove Partner
article thumbnail

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. Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. What are Early Stage VC’s Really Asking?

article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tune In, Turn On, Drop Out – The Startup Genome Project

Steve Blank

In April 2010 I received an email that said, “I’m an incoming Stanford student in the fall and working on a project that a number of people suggested I get in touch with you about.&#. Max and his partners interviewed and analyzed over 650 early-stage Internet startups. Ok, I get a lot of these.

article thumbnail

“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. Customer Development) to help you quickly recognize and reverse any incorrect decisions.&# Reply One difference between VCs and Entrepreneurs « Lightspeed Venture Partners Blog , on April 20, 2009 at 7:06 am Said: [.]

article thumbnail

supermac War Story 1: Joining supermac

Steve Blank

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. They had no model of who their own customers were and what it would take to make those customers bang down their doors to buy their products. And with all of that they had gone broke, out of business and into Chapter 11.

article thumbnail

Ardent 2: Get Out of My Building

Steve Blank

Law firm partners often have anger management issues, but the thing about anger is that it is not always wrong to be angry — if somebody is angry at you because you did something wrong, then that anger is valid. Customer development isn’t just for [.] understands and groks Customer Development.

article thumbnail

Rocket Science 5: Who Needs Domain Experts

Steve Blank

Meanwhile my partner was in heaven working with his newly hired group of game designers directing and producing our first games. No, not really, but my partner owns the studio and tells me it’s spectacular and everyone will love it. Go spend some time outside the building talking to potential distribution partners.