Remove 2010 Remove Lean Remove Partner Remove Vertical
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Raising Money Using Customer Development

Steve Blank

Did the partner have a good or bad day, etc. Your presentation doesn’t have a single word about Lean Startups or Customer Development. We were able to raise a Seed round from Bessemer Venture Partners on a powerpoint idea, and never found the repeatable customer model. Did the VC’s like your team ? In fact, just the opposite.

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Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. This is the pivot, a crucial tactical maneuver for the lean startup [.] Are These Your Slides?

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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. And with all of that they had gone broke, out of business and into Chapter 11. Their guess was that they would find value in the high margin graphics business.

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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Or at times an even more honest answer, “My senior partners say this is the only way to do it.” Product Development Diagram 1.

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses. It’s an impressive portfolio.

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

Steve Blank

Reply One difference between VCs and Entrepreneurs « Lightspeed Venture Partners Blog , on April 20, 2009 at 7:06 am Said: [.] Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] Blank: “Speed and Tempo” – Fearless Decision Making for Startups.

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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.