Hearpreneur

FEBRUARY 19, 2023

No-code and low-code platforms are making it easier to develop an app, build a platform, or build digital businesses that were once saved for people with in-depth technical knowledge or deep enough pockets to hire them. From improving customer experience to developing new business models, the possibilities are endless.

Artificial Inteligence 108

Artificial Inteligence Technical Review Entrepreneur Global 108

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

APRIL 10, 2009

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. Customer Development) to help you quickly recognize and reverse any incorrect decisions.&# Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.]

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

Hearpreneur

DECEMBER 8, 2019

Thanks to Allison R Lancaster, Online Business Solutions by Allison R. 2- Transformative development. 2019 was full of transformative development for Intellifluence. I can’t wait to see what 2020 brings! Lancaster ! #2- Photo Credit: Joe Sinkwitz. Thanks to Mac Fadra, MAXiM Hair Restoration ! #12-

Entrepreneur 120

Entrepreneur Technical Review Vertical Las Vegas 120

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . At Flow Capital, we use HubSpot’s sequences and workflows functions to automate a bulk of our emails and internal tasks. 3) Raise capital. Fincura specializes in serving lenders.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Make game, market, sell, profit?

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

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.)

Customer 195

Customer Silicon Valley RSS California 195

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. In contrast to simply executing your business plan, the Customer Development process is built on low-cost and continuous learning and iterating.

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Version One Ventures

JULY 21, 2020

No matter the vertical, geography, business model, macro or micro trends, entrepreneurs form the nucleus of a generational company. We develop our own conviction and are not afraid to lead or invest when others do not. But ultimately, as our interests change, the one constant has been the founder. We like the non-obvious.

Founder 213

Founder Vertical Differentiation Portfolio 213

abovethecrowd.com

APRIL 17, 2013

eBay recently launched an aggressive campaign attacking Amazon’s rate table on a vertical-by-vertical basis ( those percentages can be found here ). This is one of my favorite marketplace business model “tweaks.” However, Amazon owns a digital media business built around Kindle.

Europe 101

Europe Social Network Technical Review IPO 101

VC Cafe

JUNE 19, 2020

“As big businesses begin to measure their impact, they begin to show it is fundamental to their future business models.” Technology is a rapidly developing area of the investment market, and unsurprisingly it is the fastest growing industry out there, expected to last that way in the years to come. Sir Ronald Cohen.

Venture Capital 174

Venture Capital Global South Africa 174

Steve Blank

MAY 7, 2009

I finally understood how valuable these contests can be for students in cities or countries without a venture capital or entrepreneurial infrastructure. At a university business plan competition, for the first time they can swim in the sea of expertise that we/I take for granted in the middle of Silicon Valley. to compete.

Business Plan 140

Business Plan Silicon Valley RSS Venture Capital 140

View from Seed

MARCH 29, 2018

We wanted to learn more about the nuanced industry market forces before applying the same hands-on investing model we do with tech startups in other verticals. We don’t seed companies that are developing drugs or medical devices that will require FDA approval. They can be surprisingly capital efficient.

Vertical 120

Vertical Stealth Portfolio Seed Capital 120

Steve Blank

JANUARY 6, 2011

Second, to share how my how my thinking about entrepreneurship as a distinct practice and how Customer Development as one of its central components has evolved over the last decade. And with the 30-year statute of limitations now passed, stories about who I worked for (and the names of agencies.).

Silicon Valley 195

Silicon Valley California Vertical Customer Development 195

Seeing Both Sides

AUGUST 16, 2012

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. This is a company that took $4 million of invested capital to build a company now worth over $4 billion. “TripAdvisor is to travel reviews what Kleenex is to tissues.”. .

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Steve Blank

DECEMBER 7, 2009

Customer Development We were starting Epiphany, my last company. Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. Our competitor was executing on hypotheses we had developed 9 months ago, and their strategy remained static.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Version One Ventures

NOVEMBER 6, 2013

This makes it laboriously difficult to identify rising stars and make comparisons within a specific vertical. We are often asked what industries we invest in, but it is more important to have theses on business models that serve as strong filters. Vertical SaaS. are making it easier to develop hardware products.

Vertical 153

Vertical B2B B2C Venture Capital 153

The Next Web

OCTOBER 2, 2013

For mobile app developers, the impressive figures are enticing. In this aspect, China’s huge market seems ripe for the taking — and which firms are better-placed to do so than homegrown startups, especially app developers looking to conquer the mobile market? That’s why the free business model is so popular in China.

China 122

China Developer Intellectual Property Mobile 122

Steve Blank

JULY 13, 2009

Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Companies in the entertainment business around the world knew who we were, and were interested in meeting us, if only to see what the hype was about.

Silicon Valley 122

Silicon Valley Product RSS California 122

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.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

Steve Blank

JUNE 25, 2009

They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. The answer depends on your answer to two questions: which step in the Customer Development process are you on? Customer Development and Selling Strategy If you’ve just started your company you are in customer discovery.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

steveblank.com

JULY 8, 2011

interactions, widgets, effects Django – high-level Python framework Cappuccino – open source framework for app development Kodingen – cloud development environment, code editor, hosting service, collaboration platform.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

VC Cafe

DECEMBER 7, 2010

billion in venture capital funding in Q3 2010, representing a 14% decline in total funding amount compared to the previous quarter. eCommerce is the smallest vertical in the US tech venture investments, with only $39 million invested in Q3, in eight companies. Overall, 343 US companies raised $1.8

Venture Capital 79

Venture Capital Vertical Massachusetts eCommerce 79

Steve Blank

APRIL 30, 2009

Initially your job is to understand each of the parts of your business model before you hire someone to do it. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) But the rest; sales, marketing, bus dev is actually customer development that the founder needs to understand.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

www.chubbybrain.com

SEPTEMBER 28, 2011

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. At the end, I asked myself what are the most critical resources I need to be successful and the answer was partners and developers.

Software Review 79

Software Review Startup Technical Review Vesting 79

Steve Blank

JUNE 5, 2009

You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. Customer Development This strategy of starting on faith, and quickly turning them into facts is the core of the Customer Development process. Employ customer development.

Silicon Valley 212

Silicon Valley RSS Vertical California 212

Steve Blank

MAY 18, 2009

Next, you have to deal with the daily crisis of product development and acquiring early customers. And here’s where life gets really interesting, as the reality of product development and customer input collide, the facts change so rapidly that the original well-thought-out business plan becomes irrelevant. I like my odds.

Founder 297

Founder Silicon Valley RSS China 297

Steve Blank

OCTOBER 22, 2009

Getting Out of the Building Wasn’t Entertainment – Discovery and Validation Now that I was the master of the “facts” about customer needs in these specialized vertical markets , and with my team of vertical marketers , I thought I had achieved absolution and redemption. But there was one fatal flaw.

Silicon Valley 172

Silicon Valley RSS Vertical California 172

techcrunch.com

FEBRUARY 19, 2010

Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Not a big shock, but things don’t look pretty, especially in the venture capital world. The businesses, it seems, vastly over-estimate their ability to raise funds.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Cracking the Code

DECEMBER 2, 2006

The time they spend with customers is usually limited to transactional core products sales, generating lower margins – The resource allocation is not always matching the opportunity (geography, customer segment, vertical.) – The rules of engagement for technical resources (solution or product specialists) are not clear.

Software Review 48

Software Review Technical Review Europe Software 48

www.informationarbitrage.com

FEBRUARY 24, 2010

This is not only sad but incredibly frustrating, because it is so easy to see how a great technology can be developed and commercialized if only - if only the CTO hadn't been impulsive and insecure and brought on a business partner too early in the game. I am a business person, not a technologist.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Hunter Walker

APRIL 18, 2013

Prediction: they’ll struggle because video discovery just isn’t a venture scale business. Additionally, most large developers hit our radar at some point via their API usage. Here’s why: Verticalized content needs context not just collections. But don’t take venture capital.

Video 98

Video Curation Startup Metadata 98

thebarefootvc

MARCH 5, 2017

As someone who has been interested in the AI space for over 20 years, I am more excited than ever before about how advances in hardware and software, if developed responsibly and with awareness of broader societal impacts of the technology, will enable us to live better lives.

Artificial Inteligence 84

Artificial Inteligence Algorithm Valuation Aggregator 84

Steve Blank

NOVEMBER 19, 2009

Filed under: Ardent , Family/Career , Technology « Times Square Strategy Session – Web Startups and Customer Development Customer Development: Past, Present, Future » 17 Responses Mark Essel , on November 19, 2009 at 6:55 am Said: Haha, closure is well worth the effort when an entertaining tale can be shared!

Silicon Valley 185

Silicon Valley San Diego RSS California 185

Steve Blank

JUNE 22, 2009

For the first 25 years HP’s business model was static. Of course HP did ship new products and innovate, but their center of innovation was sustaining innovation , around the core of their existing business. And venture capital and entrepreneurship has made life even tougher for the modern corporation.

Silicon Valley 164

Silicon Valley RSS California Agile 164