ReadWriteStart

APRIL 8, 2023

million people and generate monthly revenue. In my experience, I follow different resources, for instance, the Andreessen Horowitz blog , one of the top venture capital funds reporting trends in their newsletters, and INC.5000 TikTok and Influencers One viral video on TikTok can reach 1.5

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

www.bothsidesofthetable.com

MAY 13, 2012

Raising Venture Capital. They know how to estimate work units, how to manage the agile development process and how to get the most out of their teams. As the CEO you can personally help manage deadlines and the Agile process. Raising Venture Capital (12). This Week in Venture Capital (14).

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 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. 1970 – 1995: The Golden Age. Thus began the 5-year dot-com bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

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

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. Companies horde cash and squeeze the most revenue and margin from the money they use. Instead of measuring success in dollars of profit, …firms focus on measuring capital efficiency.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JANUARY 4, 2010

Now with customers and early revenue, it was out raising its first round of venture money. 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. The Scalable Startup.

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

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. Without the revenue to match its expenses, the company is in now danger of running out of money.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

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 297

Venture Capital IPO Liquidity Event Entrepreneur 297

YoungUpstarts

JULY 22, 2011

You’ll find content categorized into different topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Aggregator 170

Aggregator Curation Widget Angel Investor 170

Steve Blank

AUGUST 31, 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. Was the sales revenue model based on actually testing the hypotheses outside the building? Product Development Diagram 1.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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. And they’ll do this using the business model / customer development / agile development solution stack. Filed under: Lean LaunchPad , Teaching , Venture Capital.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup IP 175

The Startup Magazine

NOVEMBER 11, 2020

Some companies, most noticeably providers of storage pods and smaller, more agile enterprises can change their business model and adapt to the changing economy. It’s based on the premise of rapidly recovering revenue, or “the three R’s.” Recovery is a certainty. Look At The Three R’s.

Business Model 156

Business Model Agile Analytics Demand 156

Steve Blank

JUNE 23, 2016

Intel under their last two CEOs delivered more revenue and profit than any ever before. For the first 75 years of the 20 th century, when capital for new ventures was scarce, the smartest engineering talent went to corporate R&D labs. Risk capital has provided financing for new ideas in the form of startups.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Startup Professionals Musings

NOVEMBER 9, 2015

Creative and determined entrepreneurs always find ways to get people to work for equity, barter services or share later revenue rather than pay cash up front. Indeed, there is a time and place in every new venture where even a bootstrapping entrepreneur should consider bringing on investors. The need to hire staff immediately.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

Steve Blank

APRIL 9, 2009

But what I wanted was an agile marketing team capable of operating independently without day-to-day direction. And it was going to mention the two words that SuperMac marketing needed to live and breathe: revenue and profit. They understood the mission intent was our corporate revenue and profit goals. If so, which one?

Silicon Valley 259

Silicon Valley Technical Review RSS PR 259

VC Cafe

JULY 26, 2020

“After the crash, venture capital was scarce to non-existent. In a capital scarce environment following the Dot Com crash, startups needed to do more with less and survive long enough to generate revenue. Agile Development: launch an MVP early and iterate quickly.

Lean 214

Lean Seed Capital Startup Burn Rate 214

Steve Blank

FEBRUARY 16, 2012

When venture capital teamed up with technology entrepreneurs in the 1960’s they brought with them the canonical MBA planning tool – the business plan. And your revenue plan is something more than a hallucination. The Business Plan ?- a roadmap for execution. You can write a business plan slide deck in your dorm or library.

Business Model 263

Business Model Customer Development Utah Business Plan 263

This is going to be BIG.

MARCH 1, 2010

My company was not well executed enough to achieve venture capital financing—and that wasn’t the city’s fault, it was mine. There are user groups, gaming meetups, meetups in security or agile development—lots of places entrepreneurs rarely tread. I was there, too. How about doing what Gilt Groupe did?

New York City 113

New York City New York Startup Burn Rate 113

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) We’ll build the class around the business model / customer development / agile development solution stack. Class Lecture/Out of the Building Assignment: What’s a revenue model?

Wiki 311

Wiki Lean Management Business Model 311

BeyondVC

FEBRUARY 12, 2014

With a focus on seed investing in the mobile, agile, and smart enterprise and business models that harness the power of network effects, our entrepreneurs have successfully been able to raise over $200 million of financing following our initial seed investment. focus on the mobile, agile, and smart enterprise".

Seed Stage 110

Seed Stage Agile Viral API 110

Up and Running

FEBRUARY 8, 2016

Here’s what they discovered: They found firms that quickly institute formal mechanisms such as operation budgets, cash budgets, and financial monitoring systems (tools that measure profitability, customer acquisition costs, variance from actual budget, and so forth) had higher growth rates in terms of revenues and headcount. Be compliant.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

ReadWriteStart

JUNE 29, 2020

Most importantly, the phrase “ bootstrapping a startup ” translates into “growing your business with little or no venture capital or outside investment. It means relying on your own savings and revenue to operate and expand.”. It’s vital to be aware of the fact that agile iterations are not random and haphazard.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Startup Lessons Learned

AUGUST 24, 2009

We faced this same problem in entrepreneurship and venture capital, but we are getting past it. What is the right revenue model? The problem is that there are no other metrics they can look at to judge the content of a book to know if it’s worth reviewing. In other words, what is the minimum viable product ? Expo SF (May.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? Unfortunately they will be very expensive (30-50% or more of gross revenue). The key is to get the outsourced team locked in for the long term and to build your own lean/agile culture. He basically outsources everything.

Software Review 65

Software Review Offshore Startup Boston 65

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue.

Founder 245

Founder Technical Review CTO Hire IPO 245

Steve Blank

APRIL 30, 2009

Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) Your design or ad agencies can impress you with their awards, but if you’re not moving product or creating demand, you’ve missed the point. Worry about the sales results. What did we learn?

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Steve Blank

JUNE 22, 2009

We Changed Our Mind In 1966, 10 years after Hewlett’s memo, Hewlett Packard’s revenue and headcount had grown ten fold; $200 million and 11,000 employees – all from test and measurement equipment. The original Hewlett Packard which made test and measurement products was spun-out and renamed Agilent. Agilent is a $5.8

Silicon Valley 164

Silicon Valley RSS California Agile 164

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.)

Lean 244

Lean Silicon Valley Startup RSS 244

ReadWriteStart

AUGUST 1, 2011

The combination of venture capital and technology entrepreneurship is one of the great business inventions of the last 50 years. And they'll do this using the business model-customer development-agile development solution stack. It provides private funds for untested and unproven technology and entrepreneurs.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Steve Blank

SEPTEMBER 3, 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. Once the product begins to ship, startup sales execs use orders and revenue as its marker of progress in understanding customers.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. At this stage, simply list your primary revenue streams and your key expenses. At this stage, simply list your primary revenue streams and your key expenses.

Software Review 74

Software Review Software Delaware Forecast 74

VC Cafe

SEPTEMBER 26, 2022

Use agility to your advantage and make speed a team priority. A founder should know (more or less) what milestones she can achieve with the current round (in terms of product, revenue, etc). 2021 gave us plenty of examples for bad governance in both startups and venture capital. Need for Speed, indeed.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Steve Blank

NOVEMBER 5, 2009

A Progress Graph on the right visually shows how far you’ve come (in whatever units of goodness you’re tracking – revenue, units, users, etc.) They will realize that you have built a startup that’s agile, resilient and customer-centric.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Up and Running

AUGUST 19, 2014

For example, one of the angels I pitched to cared deeply about our competitive landscape, whereas another wasn’t too concerned about the competitive landscape, he was more interested in our financial assumptions and my team’s ability to implement in an agile fashion. Angels vs. venture capitalists. What impresses angels?

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

Steve Blank

JANUARY 4, 2011

I spent two weeks of December in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile , which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. Venture Capital. The country needs to build a deeper Venture Capital industry.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335