Startup Professionals Musings

FEBRUARY 19, 2013

According to a Gompers and Lerner study, the challenge is very real, with 90% of new ventures that don't attract investors failing within the first three years. Apply for contests and business grants. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JULY 14, 2014

According to a Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don''t attract investors failing within the first three years. Apply for contests and business grants. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

OCTOBER 10, 2011

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Toxic Business Press and Contradictory Government Incentives.

Finland 330

Finland Naming Russia Government 330

Startup Professionals Musings

JULY 1, 2017

According to my experience and a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Apply for contests and business grants. Join a startup incubator. Nevertheless, it’s an option that doesn’t cost you equity.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. This source is a major focus these days, due to government initiatives to incent research and development on alternative energy and other technologies.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

ReadWriteStart

OCTOBER 13, 2011

I presented to thousands of entrepreneurs, talked to 17 startups, gave 12 lectures, had nine interviews, chatted with eight VC's, sat on four panels, talked policy with two government ministers, two members of parliament, one head of a public pension fund and was in one TV documentary. A government that's trying to help, but gets in the way.

Finland 158

Finland Venture Capital Government Russia 158

Startup Professionals Musings

MAY 21, 2023

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Solicit venture capital investors. Request a small business grant.

Equity 266

Equity Startup Small Business Administration SBA 266

Startup Professionals Musings

AUGUST 29, 2020

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Solicit venture capital investors. Request a small business grant.

Equity 436

Equity Small Business Administration SBA Syndicate 436

ReadWriteStart

AUGUST 27, 2023

The government’s unwavering commitment, proactive support, robust investment in research and development, and favorable policies have paved the way for a remarkable transformation. The Korean government has played a pivotal role in fostering this thriving start-up ecosystem through various initiatives.

Global 135

Global Government Incubator Venture Capital 135

David Teten

AUGUST 15, 2013

1) Corporate Venture Capital. Most VCs (including ff Venture Capital ) collect money from independent limited partners in order to form their fund. Some corporations emulate this model by creating their own wholly-owned VC entities, typically with one LP: the corporate balance sheet. 4) Accelerators.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model.

Incubator 332

Incubator Lean Programming Government 332

Startup Professionals Musings

OCTOBER 10, 2018

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Solicit venture capital investors. Request a small business grant.

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

Steve Blank

SEPTEMBER 1, 2011

Scalable startups require risk capital to fund their search for a business model, and they attract investment from equally crazy financial investors – venture capitalists. Their job is to search for a repeatable and scalable business model. but then the government got out of the way.

Government 335

Government Silicon Valley Startup Venture Capital 335

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Ask customers how they would use your product – friends and family don’t count for this purpose.

Elevator Pitch 103

Elevator Pitch Incubator Technical Review Startup 103

Steve Blank

AUGUST 20, 2013

Business Model Issues. government is the leading payer for most of health care, and under ObamaCare the government’s role in reimbursing for medical technology will increase. Venture Capital Issues. Venture Capital Issues. Early stage Venture Capital for medical device startups has dried up.

Startup 299

Startup Venture Capital Lean IPO 299

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

Startup Professionals Musings

OCTOBER 12, 2014

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Solicit venture capital investors. Request a small business grant.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

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 264

San Diego North Carolina Chicago Lean 264

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Product Development 120

Product Development Developer Product Angel Investor 120

Startup Professionals Musings

SEPTEMBER 25, 2016

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Solicit venture capital investors. Request a small business grant.

Equity 120

Equity Small Business Administration SBA Syndicate 120

Up and Running

APRIL 24, 2018

If you’ve never written a business plan before, take a look at these sample medical startup business plans. At first, you need to focus on developing your business model and validating it. However, you can certainly raise some of the capital through bootstrapping and the rest via seed funding.

SBIR 73

SBIR Startup Artificial Inteligence Intellectual Property 73

Steve Blank

JANUARY 4, 2011

In my short time in Chile, I spent time meeting with: Chilean entrepreneurs ; as part of Santiago’s Startup Weekend as well as EmprendeUC - DUOC New Ventures Contest Awards ceremony. The country is dead serious in all levels of government and universities about making this happen. Venture Capital. Corporate Connections.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

Steve Blank

OCTOBER 10, 2017

He wanted to build an innovation pipeline that would allow the Navy to: Create “dual-use” products (build solutions that could be used for the military but also sold commercially, and attract venture capital investments.) The process recognizes that Innovation isn’t a single activity (an incubator, a class, etc.).

Lean 241

Lean SBIR Incubator Curation 241

Steve Blank

NOVEMBER 24, 2010

the wave of semiconductor startups in the 1960’s/70’s, the emergence of venture capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally. The New Structure of the Venture Capital industry. The Democratization of Entrepreneurship.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

MAY 9, 2017

the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally. Government and the enterprise are now followers rather than leaders. The founders. or Euro-centric phenomenon.

Restful 242

Restful Silicon Valley Puerto Rico San Jose 242

David Teten

NOVEMBER 23, 2020

Blue Future Partners, a venture capital fund of funds, recently interviewed me on ESG in venture capital. For example, I’m an investor via ff Venture Capital in: – Plated.com is a meal kit company, delivering you the recipe and fresh ingredients to make a gourmet meal in your own kitchen.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

Reid Hoffman

JANUARY 13, 2021

And then also another investment that I’ve made through Greylock is Entrepreneur First, which is an incubator. And they’re like, well, all of these incubators all failed, why would we pick up the 70th one? Maybe even what your business model is in its mature, large form. And I was like, “Well, okay, you’re super smart.

Incubator 36

Incubator IPO Networking Cofounder 36