Remove Business Model Remove Government Remove Offshore Remove Seed Capital
article thumbnail

When It’s Darkest Men See the Stars

Steve Blank

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. For consumer hardware, no startup has to build their own factory as the costs are absorbed by offshore manufacturers.

article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software. Government and the enterprise are now followers rather than leaders. A unicorn is a startup with a market capitalization north of a billion dollars. The founders.

Restful 222