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. An example would be getting free office space by agreeing to be the property manager for the owner.

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Intellectual Property Technical Review Startup Incubator 134

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? So they prepare for future markets by exploring new ventures.

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Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

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Customer Development Developer Customer Silicon Valley 238

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. Luckily in the last quarter of the 20 th century a new source of money called risk capital emerged. At its core Venture Capital is nothing more than a small portion of the Private Equity financial asset class. ——-.

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Liquidity Event Founder Liquidation Preference Venture Capital 120

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)

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Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. So their management teams were insisting that they OEM (buy from someone else) these products.

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Technology Silicon Valley Fractional VPE Part-Time VPE 138

ReadWriteStart

JUNE 29, 2020

Wikipedia.com defines a “startup company (startup or startup) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process, or a platform.”. Draw up a budget.

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Startup Lessons Learned

APRIL 18, 2010

Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation. That process involves rapid hypothesis testing, validated learning about customers , and a disciplined approach to product development.

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Growthink Blog

MAY 10, 2012

If it's not your plan to get venture capital down the road, then you'll probably stop in Stage 2-receiving enough funding to boost your marketing, sales, and infrastructure to grow organically from there to the point where you are satisfied or ready to sell. Series B is the round that follows series A in early stage financing.

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Equity Mezzanine Later Stage Venture Capital 88

Steve Blank

DECEMBER 17, 2015

In our last post, we addressed the six key questions that senior management should address to determine if an Innovation Outpost makes sense for a company. These priorities have been identified by earlier planning work at the senior management level. Startups, entrepreneurs, and management teams. see the previous post.).

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Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

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Customer Development Developer Customer Silicon Valley 242

www.informationarbitrage.com

FEBRUARY 24, 2010

It is gently laying the foundation for a subsequent financing, helping the CTO set sensible milestones to be achieved that can demonstrate execution skill and release cycle management. A full-time business partner is definitely not required at this point in the company's life. Camaraderie? Perhaps all of the above. Camaraderie?

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Up and Running

JULY 24, 2015

On Bplans, you’ll find templates, free eBooks, and articles on how to plan and start your business. Business Model Generation. This website offers a downloadable worksheet called a business model canvas that helps you think through your business idea. Introduction to Operations Management.

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SoCal CTO

DECEMBER 1, 2010

So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. 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. By doing the job.

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Technical Review Technology Product CTO Hire 175

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

And when you look at the tools that we use, I mean we’ve made so many technological advances, but really to manage a meeting there’s not a practical tool available. We use email; we use Word; we use task manager; we use a file sharing tool. They are so happy that they finally have a tool to manage their business.

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Technical Cofounder Cofounder Software Review Management 220

infochachkie.com

SEPTEMBER 24, 2011

Beware The Consultant John Greathouse – Posted in: Cash Flow Management , Launching Venture , Strategic Planning. There is an inherent conflict in a consultant’s business model and the needs of a startup. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions.

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Customer Development Developer Customer Silicon Valley 262

Growthink Blog

NOVEMBER 2, 2016

The company’s sales manager shared some remarkable research that showed that while the “conventional wisdom” was that the company’s market space was in free fall and under severe “legacy” pressure, in actual reality the market was experiencing solid, and in some areas, unprecedented growth.

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Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when). venture capital.

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Software Review Software Delaware Forecast 74

Tim Keane

JUNE 13, 2006

Then, on the expense side, I’d like to begin to understand how the growth in the business will drive costs as complexity increases. Growth involves, in many businesses, more customer service, product development, support, marketing and so forth – in addition to more R&D. Managing Company Growth. April 2013.

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Wisconsin Entrepreneur Startup Angel Investor 60

Tim Keane

APRIL 24, 2006

Last night, Bob Zieserl, Venture Capitalist, and general partner at Stratus Ventures, was the keynote speaker at the Marquette University Business Plan Competition. "Over the last twenty years, 11,000 companies have had Venture Capital investments. The product development cycle was excellent.

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Wisconsin Angel Investor Bootstrapping Venture Capital 60

Steve Blank

MAY 18, 2009

It’s our hood alignment station,” the plant manager said proudly. These damn models weren’t designed right so we’re fixing them on the line.” One day, I was at the Ford Wixom auto assembly plant training my replacement and I was at met at the door by an irate plant manager. the manager followed us still yelling.

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Founder Silicon Valley RSS China 297

Startup Professionals Musings

JULY 26, 2014

Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee. Note that we haven’t yet mentioned the more conventional and less creative finance approaches of Angel and venture capital investors.

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Entrepreneur Finance Equity Early Stage 254

Startup Professionals Musings

MARCH 6, 2013

Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee. Note that we haven’t yet mentioned the more conventional and less creative finance approaches of Angel and venture capital investors.

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Finance Startup Equity Early Stage 243

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.

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Hiring Technical Review Agile Software Review 40

Steve Blank

NOVEMBER 21, 2015

These specialist companies were still small local businesses. Ownership and management were one and the same – the owners managed, and there were no salaried middle managers or administrators. and to develop professional managers and management hierarchies to run them.

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Silicon Valley Venture Capital United States Technical Review 120

techcrunch.com

OCTOBER 23, 2010

It is the first in a series of posts he’s writing about the decisions a young entrepreneur needs to make when she/he is first starting a business. The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. Johnny Good post. have a great day!

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Technical Review Cofounder Technical Cofounder Software Review 84

Growthink Blog

JANUARY 24, 2018

The startup beauty brand, created as an offshoot of Founder Emily Weiss’ popular blog “ Into the Gloss ” created, released and marketed seven new products in 2017 (that is more than one every other month!), driving 600% revenue growth and helping the company raise more than $24 million in growth capital.

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Artificial Inteligence San Francisco Valuation Reputation 48

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. Compressing the Product Development Cycle. The New Structure of the Venture Capital industry.

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Silicon Valley United States Venture Capital Software Review 335

VC Cafe

DECEMBER 28, 2010

. “Juniper is excited to acquire one of the industry’s leading virtualization security vendors and the extremely talented team that built it,&# – Mark Bauhaus, executive vice president and general manager, Juniper Networks. RUSNANO ESTABLISHES RUSSIAN-ISRAELI NANOTECH FUND.

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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. The second thing that’s changed is that we’re now Compressing the Product Development Cycle. The founders.

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Restful Silicon Valley Puerto Rico San Jose 222

steveblank.com

JULY 8, 2011

signup, upgrade, trial pricing Zuora – online subscription management FeeFighters – find the cheapest credit card processors HealPay – Collections made easy Customer Support Tender – support, knowledgebase tool for your site GetSatisfaction - conversations between companies / customers.

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Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Task Management. Project Management Tools. Subscription Payments / Management. Managing APIs. Customer Relationship Management. Contractor Management. Private beta invitations & management: Prefinery. About VC Cafe.

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Software Review Technical Review Startup 53