Steve Blank

APRIL 14, 2013

business models. They’re used to using the web and increasingly the mobile web for everything, commerce, communication, games, etc. While there are 564 million web users with 420 million having mobile web access, 74% of Chinese Internet users make less than $500/month and are students, blue-collar workers or jobless.

China 327

China Silicon Valley Non-Compete Intellectual Property 327

Startup Professionals Musings

JANUARY 12, 2018

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. Apply for contests and business grants. Only one-third make it past their tenth anniversary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. It’s the time when you create tremendous value out of nothing.

Product Development 177

Product Development Cost Developer Product 177

Steve Blank

APRIL 14, 2013

business models. They’re used to using the web and increasingly the mobile web for everything, commerce, communication, games, etc. While there are 564 million web users with 420 million having mobile web access, 74% of Chinese Internet users make less than $500/month and are students, blue-collar workers or jobless.

China 219

China Silicon Valley Non-Compete Intellectual Property 219

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. My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

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

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 297

Silicon Valley Business Model Venture Capital Balance Sheet 297

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 270

Silicon Valley Business Model Venture Capital Balance Sheet 270

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 303

Venture Capital IPO Liquidity Event Entrepreneur 303

Steve Blank

SEPTEMBER 1, 2011

In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion. Small Business Startups: Work to Feed the Family. Today, the overwhelming number of entrepreneurs and startups in the United States are still small businesses.

Government 335

Government Silicon Valley Startup Venture Capital 335

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. government agency that supports research in all the non-medical fields of science and engineering - is changing the startup landscape for scientists and engineers. See the NSF web page here.

Engineer 284

Engineer Silicon Valley United States Intellectual Property 284

Scalable Startup

AUGUST 26, 2014

Red Hat was one of the first of these types of companies bridging open source with big finance, leveraging Linux support into a profitable business, also leveraging the enterprise. They kind of invented this business model. Google has optimized this open source to freemium model in almost all of its products.

Founder 42

Founder Los Angeles PHP Open Source 42

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 263

Lean Internet Silicon Valley Venture Capital 263

Steve Blank

MAY 29, 2019

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. They’ve become outward-facing universities.

Incubator 332

Incubator Lean Programming Government 332

YoungUpstarts

JULY 1, 2019

Grants are a big opportunity to get some money to start your dream business. State and national governments offer grants to new establishments. Besides, considering that it is entirely web-based, Forex trading is accessible to everybody. Venture Capital. This is where venture capitalists enter the discussion.

Finance 127

Finance Angel Investor Offshore Equity 127

VC Cafe

SEPTEMBER 26, 2010

Note that the tips refer mainly to web ventures. It doesn’t mean that you should change your business model because one person suggested it, but listed to the feedback and if you see similar patterns over and over again, make changes. The talk was titled “Tips to make your startup attractive for investors&#.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Pascal's View

SEPTEMBER 7, 2009

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. business model is broken. business model that drives job growth in emerging growth companies is IPOs. Government’s commitment to funding breakthrough innovation in basic scientific research.

IPO 38

IPO Venture Capital America Marketing 38

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. Not only does this protect the parent company and allow raising outside capital to fund growth, but the independence and focus increases the chances of success.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

genylabs.typepad.com

SEPTEMBER 24, 2011

Intuit Future of Small Business Resources. Emergent Research works with corporate, government and non-profit clients. Even the best venture capital firms have a lot of failures and few successes. Business Models. government policy. personal businesses. Small Business Economy. Categories.

Equity 40

Equity Technical Review San Jose Stock 40

The Next Web

JUNE 10, 2013

The venture capital arm of investment company Ingenious has today opened a programme that will see up to £2.25m (around $3.5m) invested in 15 startups working in the media and creative industries in the UK.

Audio 120

Audio Startup Venture Capital Equity 120

Austin Startup

MARCH 1, 2018

On the first official day of SXSW I’m going to be at the convention center all day until I head over to Capital Factory to kick off the SXSW Startup Crawl ! Join us and learn how to attract Venture Capital investment in your startup when you live somewhere other than Silicon Valley, Los Angeles, or Boston.

Technical Review 89

Technical Review Austin Texas Cofounder 89

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. The healthcare industry comes with a complex web of regulations. An efficient growth strategy is a must for a startup.

SBIR 73

SBIR Startup Artificial Inteligence Intellectual Property 73

Professor VC

MARCH 10, 2009

In other parts of the country, this is business as usual: Identify a customer need Build a product Sell the product In the valley, the knee jerk reaction is to start with the powerpoint deck and look for the venture capital drug. Jon Fisher purposely avoided raising venture capital in his ventures.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

ReadWriteStart

AUGUST 1, 2011

The combination of venture capital and technology entrepreneurship is one of the great business inventions of the last 50 years. government agency that supports research in all the non-medical fields of science and engineering, is changing the startup landscape for scientists and engineers. billion U.S. Join the I-Corps?.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

SoCal CTO

SEPTEMBER 8, 2010

Pricing models, the freemium myth and why you may not be charging enough for your product - Seth Levine's VC Adventure , August 12, 2010 I’ve been pulled into a number of product and pricing meetings recently (for reasons unknown I’ve become the Foundry pricing and productization guy). More tiers = more complication = more confusion.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

online.wsj.com

SEPTEMBER 23, 2012

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. more in Small Business. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

SoCal CTO

DECEMBER 1, 2010

I’d been around the web long enough to remember the dozens of companies before YouTube that tried to create crowdsourced video sites and failed. Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years.

Technical Review 175

Technical Review Technology Product CTO Hire 175

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

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. When I asked, “What are you working on?” Why small amounts?

Venture Capital 334

Venture Capital IRR Liquidity Event Business Model 334

Reid Hoffman

SEPTEMBER 8, 2020

Needless to say, this isn’t a business model that works in the pandemic world. For example, if you think you have a great idea for a business, a standard Silicon Valley startup technique is to create a faux website and run some Facebook or Google ads to see whether or not the concept appeals to the market.

Startup 36

Startup Silicon Valley Business Model Mobile 36

Steve Blank

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. When I asked, “What are you working on?” Why small amounts?

Venture Capital 226

Venture Capital IRR Liquidity Event Business Model 226

Up and Running

OCTOBER 21, 2014

‘Starting a business’ really only comes down to figuring out your business idea ; doing your paperwork; and sorting out the money. Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

bhargreaves.com

MARCH 7, 2010

But for every entrepreneur who has seriously considered the pluses and minuses of working with a dev shop in the context of the specificities of their business model, there are five who are hiring a dev shop because (a) they are lazy, (b) they don’t know any better, or (c) all of the above. Sometimes, it just makes sense.

Hiring 40

Hiring Technical Review Agile Software Review 40

Reid Hoffman

JANUARY 19, 2021

The structural role of a board of directors is corporate governance, specifically, making sure that the company is managed in accordance with the interest of the shareholders (and if liabilities exceed assets, the interest of debtholders), and in compliance with applicable laws and regulations. WHAT DOES A BOARD OF DIRECTORS DO?

Startup 36

Startup Cofounder Advertising Hiring 36

www.paulgraham.com

OCTOBER 23, 2010

They had three new ideas: index more of the Web, uselinks to rank search results, and have clean, simple web pages withunintrusive keyword-based ads. Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later.

Startup 105

Startup Cofounder Software Stock 105

Steve Blank

MAY 26, 2009

Government Regulations I turned to the class and said, “The rest of you can keep building your company and shipping your product because you don’t need to worry about government regulations. The guidelines I had originally proposed to my students worked for enterprise software or Web 2.0 Order Here.

Vertical 156

Vertical Silicon Valley Intellectual Property RSS 156