YoungUpstarts

JANUARY 31, 2018

It also showcases how getting it right can transform startups into players: Pokemon Go caused software startup Niantic’s revenues to skyrocket by $600 million within just three months of its mid-2016 launch. In many respects, it’s the leanness, flexibility and agility of startups that help them become successful,” he says.

United Kingdom 113

United Kingdom Technical Review Design Operations 113

ConversionXL

MAY 1, 2017

One of the greatest threats to long-term success is when companies aren’t vigilant enough about responding to the changes in their market—whether it’s by failing to spot product or channel fatigue, acknowledge new competition, make needed updates to products or marketing adjustments in a timely fashion, or embrace new technology coming online.

Technical Review 127

Technical Review Algorithm Channel Analytics 127

Steve Blank

MARCH 31, 2014

Today’s workforce has radically different expectations, brands are losing their power, physical channels are being destroyed by virtual ones, market share is less important than market creation, and software is eating world. Companies horde cash and squeeze the most revenue and margin from the money they use. Act Like a Startup.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups, are not about executing a plan where the product, customers, channel are known. We made clear that this class wasn’t an incubator.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

FEBRUARY 3, 2015

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. In fact, by the start of class they had ~$750K in revenue for 2011 – not quite Facebook but a nice small business. Unlike most of the other teams in the class, Krave was already up and running.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

AUGUST 5, 2010

I think you can blame Customer and Agile Development for a small part of it. Most of the social and mobile channels (YouTube, Facebook, Twitter, iPhone, Android) have emerged in just the past 3-5 years. YCombinator, Techstars, et al, have been described as incubators but in reality they are the new “Lean Angels.” Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258