Steve Blank

SEPTEMBER 7, 2009

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. Part 4 of the Customer Development Manifesto to follow.

Customer Development 228

Customer Development Developer Customer Silicon Valley 228

Steve Blank

JANUARY 27, 2011

student of our MS&E department at Stanford ,) where they are set on being a leader in developing the management science of entrepreneurship. This startup search process is the business model / customer development / agile development solution stack. The 47th (-46) Annual Business Model Competition.

Business Model 278

Business Model Utah Intellectual Property Agile 278

ReadWriteStart

APRIL 8, 2023

Keeping up with trends is the reality show of the e-commerce world, which is constantly developing, gaining a significant market share, and driving online sales. Funds are invested in this, and it will develop further. It is about growth and development — nothing more, nothing less. Is Trendwatching a Business’ Superpower?

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Both Sides of the Table

NOVEMBER 27, 2011

I interviewed Eric for an hour for - This Week in Venture Capital. 36:30 Eric: Social media is great for people with social capital. 42:20 Did agile development influence you? 1:05:35 Middle class job of the next generation: software development! ” This week was no exception. 46:18 iOS Vs. Android.

Silicon Valley 301

Silicon Valley Lean Social Media PR 301

Steve Blank

SEPTEMBER 1, 2021

Do they have better sales, marketing, or product development groups? What the winners start with is the realization that in a world of continuous disruption, they have only a few years to develop new capabilities or be pushed over the brink. Is it that some CEOs are better than others? Are their people smarter? The short answer is no.

Incubator 408

Incubator Lean Agile Business Model 408

Steve Blank

JANUARY 25, 2011

The benefits of customer and agile development and minimum features set are continuous customer feedback, rapid iteration and little wasted code. But over time if developers aren’t careful, code written to find early customers can become unwieldy, difficult to maintain and incapable of scaling.

Part-Time VPE 319

Part-Time VPE Agile Engineer Startup 319

VC Cafe

AUGUST 2, 2022

As an early stage investor in the world of gaming and metaverse technology at Remagine Ventures, I find these companies have the potential to set the agenda, become the potential platforms for developers building in this space and future acquirers/consolidators of startups building the next generation of the Internet. Here we go!

IP 206

IP Cofounder Valuation Acquisition 206

Steve Blank

DECEMBER 20, 2011

We taught them the business model / customer development / agile development solution stack. This methodology forces rapid hypothesis testing and Customer Development by getting out of the building while building the product. I thought about the common wisdom that only 20-year olds doing Internet startups could be agile.

Incubator 303

Incubator Government Silicon Valley Lean 303

BeyondVC

APRIL 4, 2018

Despite that, it’s also hard to ignore the following facts: Enormous spend and growth for public cloud and app infrastructure, middleware and developer software of $50b (Gartner, Pivotal S-1). Every large enterprise is a software company which means developer productivity is paramount. Rise of multi-cloud.

Cloud 60

Cloud Agile Architecture Azure 60

Startup Professionals Musings

JANUARY 19, 2020

Based on the best evidence I can find, the genesis of this trend and the advantages come from several evolutionary changes in the startup investment industry, and some innovations driven by the recession several years ago: Venture capital funds are still regaining momentum. Some VC firms are bogged down by their own weight.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Steve Blank

MAY 17, 2010

The plan describes the execution strategy for addressing these “knowns.&# In the early days of venture capital, investors and entrepreneurs were familiar with the format of business plans from large company and adopted it for startups. Without much thought it has been used ever since.

Business Plan 314

Business Plan Business Model Customer Development Deal Flow 314

Steve Blank

JULY 7, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Taking My Class.

Lean 120

Lean Technical Cofounder Silicon Valley Channel 120

Steve Blank

APRIL 10, 2009

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. Good Enough Decision Making [.]

Silicon Valley 302

Silicon Valley RSS Startup Agile 302

Cracking the Code

MARCH 29, 2022

One of the benefits of the cloud is that it gives development teams more agility and flexibility, but with increased flexibility comes the downside of a loss of control and visibility. That said, some large sectors like financial services and healthcare only started to migrate their core workloads and data to the cloud more recently.

Cloud 62

Cloud Cofounder Architecture Technical Cofounder 62

www.bothsidesofthetable.com

MAY 13, 2012

Raising Venture Capital. Some CTO’s swear that it is a huge improvement in development timeframes and doesn’t cause performance issues. They often aren’t great at planning development work. They should be setting the standards for how code is developed. Start-up Advice. Angel Topics. Negotiations.

Fractional VPE 89

Fractional VPE Part-Time VPE Fractional CTO CTO Hire 89

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Here’s why. They build a minimum feature set.

Lean 260

Lean Internet Silicon Valley Venture Capital 260

Steve Blank

MARCH 31, 2014

According to Schumpter, capitalism is an evolutionary process where new industries and new companies continually emerge to knock out the old. Fifty years later another Harvard professor, Clayton Christensen, developed his theory of disruptive innovation, which actually described how creative destruction worked.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

crowdSPRING Blog

MAY 11, 2012

Better Agile Than Smart – [link]. Six Myths of Product Development – [link]. What I learned from raising venture capital – [link]. Better Agile Than Smart – [link]. Six Myths of Product Development – [link]. How to Increase Trust for a Landing Page Design – [link].

Social Media 92

Social Media Small Business Design Media 92

Austin Startup

AUGUST 30, 2019

On August 14–15, the Air Force, through AFWERX , hosted a two-day Spark Collider event at Capital Factory to bring newly awarded 19.2 SBIR Phase I companies together with relevant Air Force and venture capital stakeholders. Really impressive & demonstrates how serious the @usairforce is about fostering true #innovation.

SBIR 48

SBIR Government Venture Capital Startup 48

Steve Blank

JUNE 11, 2009

Agile – you may find the real opportunities for your company was somewhere else. Can you recognize and capitalize on them? This means you still need to have a resilient personality, and be agile. How quickly will you recover? Creative / Pattern Recognition – can you think “out of the box?

Cofounder 223

Cofounder Founder Silicon Valley Technical Cofounder 223

Steve Blank

MARCH 29, 2010

After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner. At first we thought of adopting his template for the class, but found that an even more simplified version of a canonical business model that Ann developed worked better. Teaching Assistants. ——– Coming Soon.

Business Model 230

Business Model Silicon Valley California Engineer 230

ReadWriteStart

OCTOBER 20, 2023

The Venture Capital Influence The role of venture capital (VC) has become increasingly prominent in shaping the tech startup scene. The Founder’s Journey To truly succeed, a founder needs resilience , a consistent capacity to innovate, and the agility to adapt to an ever-changing market.

Technical Review 137

Technical Review Startup Silicon Valley Agile 137

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This post describes such a model.

Customer Development 246

Customer Development Developer Customer Silicon Valley 246

Startup Professionals Musings

DECEMBER 27, 2014

Based on the best evidence I can find, the genesis of this trend and the advantages come from several evolutionary changes in the startup investment industry, and some innovations driven by the recent recession: Venture capital funds are still recovering from the recession. Some VC firms are bogged down by their own weight.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Steve Blank

JANUARY 4, 2010

Lets take venture capital and grow this thing into a real business.”. They used Customer and Agile development to search for a scalable and repeatable business model to become a large company. Typically the size of their opportunity and company doesn’t lend itself to attracting venture capital.

Hockey Stick 284

Hockey Stick Venture Capital Startup Cofounder 284

Steve Blank

JULY 25, 2011

While this signaled that investments in technology companies could be very lucrative, both Shockley and Fairchild could only be funded through corporate partners – there was no venture capital industry. government backed venture firms and limited partnerships. A wave of innovation was about to meet a pile of risk capital.

Engineer 307

Engineer Silicon Valley United States Venture Capital 307

Steve Blank

MARCH 18, 2011

Startups built every possible feature the founding team envisioned (using “Waterfall development,”) into a monolithic “release” of the product taking months or years to build a first product release. Customer Development , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

NOVEMBER 12, 2009

After these slides, these VC’s recognized that this company had dramatically reduced risk and built a startup that was agile, resilient and customer-centric. The presentation didn’t have a single word about Lean Startups or Customer Development. Your “Customer Development Process&# has really resonated for me.

Venture Capital 216

Venture Capital Silicon Valley RSS Hockey Stick 216

Startup Professionals Musings

MAY 29, 2017

I like his list of competencies, with my tips on how to highlight them, to score certain people as potential business leaders to peers and investors: Agility in learning. Agility in learning is the ability to diagnose the need for new skill sets and to acquire them quickly, despite incessant business pressures of change and no time available.

Agile 141

Agile Non-Compete Angel Groups Venture Capital 141

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 292

Silicon Valley Business Model Venture Capital Balance Sheet 292

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. 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.

Customer Development 220

Customer Development Developer Silicon Valley Customer 220

Steve Blank

APRIL 7, 2011

Venture Capital ; met with the local hardware/software venture capital firm. Incubators : toured the TechArb , the engineering student accelerator, and the Michigan Venture Center in the University’s Tech Transfer Office. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

Michigan 309

Michigan Silicon Valley Venture Capital Incubator 309

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. The class will be a version of the Lean LaunchPad class we developed in the Stanford Technology Ventures Program , (the entrepreneurship center at Stanford’s School of Engineering).

Engineer 280

Engineer Silicon Valley United States Intellectual Property 280

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 299

Venture Capital IPO Liquidity Event Entrepreneur 299

Steve Blank

NOVEMBER 5, 2009

This post describes how companies using the Customer Development model can increase their credibility, valuation and probability of getting a first round of funding by presenting their results in a “Lesson Learned&# venture pitch. Is there a profitable business model? Can it scale?” Just as a refresher.

Customer Development 264

Customer Development Developer Customer Silicon Valley 264

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 263

Silicon Valley Business Model Venture Capital Balance Sheet 263

Startup Lessons Learned

OCTOBER 4, 2008

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? While an undergraduate at Yale Unviersity, he co-founded Catalyst Recruiting.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155