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Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Steve Blank

They were both transportation, and they looked vaguely similar, with the only apparent difference that one was moved by horses attached to the front while the other had an unreliable and very noisy internal combustion engine. Companies with business models built around internal combustion engines disrupted those built around horses.

Valuation 266
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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Technology in search of a market.

Lean 315
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The Digital Transformation Is Affordable For SMBs: Where To Start In Your Digital Strategy

YoungUpstarts

The digital revolution is disrupting the traditional business model for small and medium businesses (SMBs). In reality, embracing the digital transformation with custom solutions is now more affordable, analytics is easier and cloud technologies mean more options when faced with limited shelf space. Enterprise Apps.

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Crowdsourcing Hope With Online Donation Platform GoFundMe

YoungUpstarts

Founded by interaction designer Brad Damphousse and software engineer Andrew Ballester, GoFundMe was first conceptualized back in 2008 when both were driven by personal tragedies that led to want to use their talents for good. But online payment technology didn’t catch up with their vision, until now.

San Diego 176
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

The company already has paying customers and a validated business model. Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. Guttula, Bizosys' CEO, and Karana founded the company with the goal to "simplify software development."

India 123
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Finance Fridays

Feld Thoughts

In the mean time, please meet the Finance Fridays team: Jonathan Wolter has been a lead consultant and software engineer at ThoughtWorks working for clients in Silicon Valley, Texas, Chicago, and India. I love working with and mentoring students, and am especially thrilled when they proactively reach out to me.

Finance 135
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Entrepreneurs are Everywhere Show No. 39: Jeremy Johnson and Michael Eidsaune

Steve Blank

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. Jeremy Johnson , founder of Andela , which embeds talented software engineers on the African continent into top engineering organizations worldwide. Our revenue model was wrong. It’s too hard.

Cofounder 142