Business Model Customer Development Government Seed Capital 
Steve Blank
JUNE 11, 2013
When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. But to achieve scale, startups need risk capital.
Steve Blank
JUNE 11, 2013
When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. But to achieve scale, startups need risk capital.
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maplebutter.com
JANUARY 8, 2013
Other sources of capital. Government grants – Credit cards / debt. I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the business model and marketplace. I may iterate 3 times in one day.
Steve Blank
NOVEMBER 24, 2010
the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. The emergence of incubators and super angels have dramatically expanded the sources of seed capital. The Democratization of Entrepreneurship.
Steve Blank
MAY 9, 2017
Defense and Intelligence organizations drove the pace of innovation in Silicon Valley by providing research and development dollars to universities, and defense companies built weapons systems that used the Valley’s first microwave devices and semiconductor components. Government and the enterprise are now followers rather than leaders.
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