Business Model California Partner Vertical 
Steve Blank
NOVEMBER 16, 2009
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. Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active. End of theory.&# But not the only form.
Steve Blank
APRIL 10, 2009
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: [.] to see if they need to make a Pivot to find a better model.
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Steve Blank
SEPTEMBER 24, 2009
The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)
Steve Blank
NOVEMBER 5, 2009
Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”
Steve Blank
DECEMBER 7, 2009
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. We had validated our new assumptions by a set of orders, and we had pivoted on our business model.
Steve Blank
SEPTEMBER 14, 2009
Each VC firm/partner has a different spin on what to weigh more.) It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. 3) invest in and take equity stakes in exchange for capital.
Steve Blank
JULY 2, 2009
The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Reply steveblank , on July 2, 2009 at 12:22 pm Said: Aamir, The game business is different from the tech business in some obvious and non obvious ways. - Make game, market, sell, profit? Not all VCs are equal.
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