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Why Facebook is Killing Silicon Valley

Steve Blank

This intersection of a customer base of billions of people with applications that are used/needed 24/7 never existed before.The potential revenue and profits from these users (or advertisers who want to reach them) and the speed of scale of the winning companies can be breathtaking. I’m an investor in many of these venture firms.)

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Is the Lean Startup Dead?

Steve Blank

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. Some have labeled this period as irrational exuberance.

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The Difference Between Apple & Facebook ? AGILEVC

Agile VC

Both companies generate direct revenue from their platform in the form of a revenue share / platform tax (typically 30%) on software and digital goods sold through the respective platforms. Facebook’s direct platform revenue accounted for about 15% of the company’s overall sales whereas Apple’s was less than 1%.

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Strategy Roundtable For Entrepreneurs: Top 10 Online Advertising Trends For The Decade

ReadWriteStart

We started this week's One Million by One Million roundtable with a discussion of online advertising trends, looking at them from the perspective of cost-effective customer acquisition and brand building, as well as entrepreneurial opportunities. You can find more on the topic on my blog at Top 10 Online Advertising Trends For The Decade.

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

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Tech Industry Hiring In Canada Continues To Grow

YoungUpstarts

Vancouver has a situated tech market with a direct line to Silicon Valley. Tech companies need advertising, marketing, public relations, and technical sales professionals. This generated $16 billion in annual revenues in 2015. billion in revenue. Job sites such as BCjobs.ca Websites such as 604jobs.ca

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What we learned from the first week of Uber & Lyft returning to Austin

Austin Startup

After investing in 36 lobbyists to win this bill — Uber and Lyft got basically everything they wanted and both Silicon Valley giants turned their apps back on in Austin a few hours later. What happened next with incumbant ridesharing companies is amazing. In just one week — Fare, the #3 player in the market, closed up shop in Austin.

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