Reid Hoffman

JULY 27, 2021

As I discussed last week in the Greymatter podcast with my friend and Blitzscaling co-author Chris Yeh , I believe that a knowledge of philosophy is actually a great asset for entrepreneurs. To say categorically that MBA equals “not entrepreneur” is a foolish assumption, just like saying Masters in Philosophy equals “not entrepreneur.”

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

Up and Running

APRIL 25, 2014

The cast of “Silicon Valley” Image credit: HBO. Silicon Valley is a crazy place. I’ve opted not to return to the Valley for various reasons, but still have plenty of friends who work there and return regularly for business meetings. As the dot-com bubble was bursting, I left to work in the U.K.

Silicon Valley 104

Silicon Valley Business Plan Entrepreneur Cap Table 104

SoCal CTO

NOVEMBER 10, 2009

He has a really interesting background as a product manager and now an entrepreneur. My first job out of school was at one of the early bioinformatics companies in Silicon Valley, working as the head of technical services. It was also beneficial because I got some good experience with both B2B and B2C business models.

Management 150

Management Product Entrepreneur Silicon Valley 150

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons.

China 219

China Silicon Valley Non-Compete Intellectual Property 219

Up and Running

SEPTEMBER 19, 2017

When you accept outside money, particularly a private equity (PE) investment, however, that changes. In this article, I’ll provide some personal stories of how investors have navigated the balance between raising private equity capital and not losing control of their startup. You make all the decisions, when you want, how you want.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Startup Professionals Musings

MARCH 16, 2020

Based on my years of experience in both startups and large companies, trusted relationships are more the key to success than a great business model, how smart you are, or how much money you have. Good entrepreneurs recognize that strong competitors are smart people as well, and it pays to learn from competitors.

Silicon Valley 312

Silicon Valley Bandwidth Angel Investor Equity 312

Gust

NOVEMBER 8, 2012

As a business lawyer working with startups in technology and digital media every day, I’m fortunate to have a front-row seat as entrepreneurs create value out of thin air. What can we do on the public policy front to turn the United States into one giant Silicon Valley?

Silicon Valley 187

Silicon Valley San Francisco Intellectual Property Accredited Investor 187

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. But I, what I wanna do in the a book is tell entrepreneurs, you can't just dive into it.

San Francisco 95

San Francisco Technical Review Incubator Silicon Valley 95

View from Seed

APRIL 30, 2015

Below, we talk to Glen Mello , Managing Director of Silicon Valley Bank’s accelerator team in Boston. Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. What are some pros and cons?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Steve Weinstein 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.

Oakland 313

Oakland Asia Lean Video 313

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. 3) invest in and take equity stakes in exchange for capital. What Do VC’s Do?

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Steve Blank

JUNE 11, 2009

And I remind them that they should be bringing some type of domain expertise (technical or business) to the table. Other Roles in a Startup Generic advice given to entrepreneurs assumes that everyone is going to be the founder/co-founder. By now the company may have found and settled on a repeatable business model.

Cofounder 229

Cofounder Founder Silicon Valley Technical Cofounder 229

Steve Blank

NOVEMBER 27, 2012

One of the great things about being a retired entrepreneur is that I get to give back to the community that helped me. I assembled this collection of free and almost free tools, class syllabi, presentations, books, lectures, videos in the hope that it can make your path as an entrepreneur or educator easier. Free: Startup Tools.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Steve Blank

JANUARY 20, 2014

Part 1: Bend, Oregon Ecosystem and Entrepreneurs. The differences between the Bend, Oregon region and Silicon Valley are obvious. The sheer density of talent, companies, capital and universities that exist in the Valley are second to none. Job creation in Bend is everyone’s business. Silicon Valley Transplants.

Silicon Valley 317

Silicon Valley Oregon Lean Venture Capital 317

David Teten

MARCH 18, 2021

2) Business model-defined funds. B2B vs B2C) within the business model preference. . 4) Entrepreneur-defined funds. J-Angels “is a community and a VC fund of top American investors (Jewish-American & Israeli-born) in Silicon Valley and San Francisco.”. software” and “deeptech”), and so on.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

David Teten

AUGUST 19, 2019

This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. We don’t have any equity or control over the business….”. “As

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. As a reality check, try this quick test of your entrepreneur savvy. As a reality check, try this quick test of your entrepreneur savvy. Super-angels.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 431

Cofounder Seed Stage Valuation Metrics 431

The Startup Magazine

AUGUST 6, 2021

The pre-pandemic economy was characterized by a mysterious, decades-long decline in business formation. Although the media has been full of inspiring stories about start-ups in Silicon Valley, the reality is that the rate at which Americans have been starting companies has been in decline for a long time. Find Your Passion.

Limited Liability Company 165

Limited Liability Company Silicon Valley Business Model Stock Options 165

Steve Blank

AUGUST 11, 2020

. — When I designed the Lean LaunchPad/I-Corps/Hacking for Defense class, my goal was to replace the traditional method of teaching case studies and instead immerse the students in a hands-on experiential process that modeled what entrepreneurs really did. creating programs for Diversity, Equity, & Inclusion e.

Lean 424

Lean San Francisco Silicon Valley Florida 424

VC Cafe

JUNE 29, 2012

You’re in Silicon valley, competing against the best of the best. Kevin – consumer Internet plays, often times they don’t have a business model. Don - first time entrepreneurs try to keep their idea secret or get people to sign NDAs. Should I move to Silicon Valley? .

Developer 103

Developer Silicon Valley Software Review Mexico 103

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. love to find great products and services made by entrepreneurs who are trying to change the world. It may be that all the doomsayers are right.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. combination of factors –.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Steve Blank

JUNE 2, 2011

Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). Startups now understand what they should be doing in their early formative days is search for a business model.

Silicon Valley 289

Silicon Valley Business Model Early Stage Venture Capital 289

www.drowningamerican.com

JUNE 22, 2012

Next → How we Hire for Sweat Equity (Part 2)… Posted on April 7, 2011 by Travis Biziorek. Surly, Silicon Valley wasn’t in a bubble. equity in the company. Sounds like you pivoted from your original business model. The first time we hired partners for Kibin was way back in late 2009.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

Steve Blank

JUNE 4, 2012

This is a 3-day program for entrepreneurship faculty from around the world how to teach entrepreneurship via the Lean LaunchPad approach ( business model canvas + customer development ) and bring their entrepreneurship curriculums into the 21st century. Mainstream Entrepreneurship. We think we got it figured out.

Silicon Valley 311

Silicon Valley Lean Utah Customer Development 311

Startup Professionals Musings

DECEMBER 8, 2017

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. Provide details on the business model and cash flow.

Elevator Pitch 163

Elevator Pitch Angel Investor Silicon Valley Revenue 163

ReadWriteStart

SEPTEMBER 10, 2010

During this week's roundtable we discussed an area that deserves a serious look from entrepreneurs: Rural BPO. Today, I invited entrepreneurs to come up with ideas, apply the 1M/1M methodology to it, and come discuss with me at these roundtables. Whether it is credit or equity, funding is very, very tight.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Startup Professionals Musings

DECEMBER 27, 2014

Examples of some leaders in this space include Ron Conway in Silicon Valley and Brian Cohen , chairman of the New York Angels, who each may have over 500 startups in their portfolio. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

K9 Ventures

JUNE 12, 2012

Some days in Silicon Valley it feels like there are more investors than there are entrepreneurs. Although it certainly doesn’t feel that way when you’re an entrepreneur trying to raise money for your own company. The question most entrepreneurs keep asking themselves is why isn’t that capital chasing me?

Venture Capital 117

Venture Capital Silicon Valley Founder Seed Stage 117

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 265

San Diego North Carolina Chicago Lean 265

Startup Professionals Musings

AUGUST 22, 2016

Based on my years of experience in both startups and large companies, trusted relationships are more the key to success than a great business model, how smart you are, or how much money you have. Good entrepreneurs recognize that strong competitors are smart people as well, and it pays to learn from competitors.

Silicon Valley 120

Silicon Valley Bandwidth Angel Investor Equity 120

K9 Ventures

JUNE 12, 2012

Some days in Silicon Valley it feels like there are more investors than there are entrepreneurs. Although it certainly doesn’t feel that way when you’re an entrepreneur trying to raise money for your own company. The question most entrepreneurs keep asking themselves is why isn’t that capital chasing me?

Venture Capital 105

Venture Capital Silicon Valley Founder Seed Stage 105