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Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Steve Blank

They were both transportation, and they looked vaguely similar, with the only apparent difference that one was moved by horses attached to the front while the other had an unreliable and very noisy internal combustion engine. Companies with business models built around internal combustion engines disrupted those built around horses.

Valuation 290
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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Here’s how that happened. We had a killer team and all the right skillsets.

Lean 320
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The Digital Transformation Is Affordable For SMBs: Where To Start In Your Digital Strategy

YoungUpstarts

The digital revolution is disrupting the traditional business model for small and medium businesses (SMBs). Owners no longer have to buy management software meant for big business. SMBs no longer have to choose between hiring an in-house data science team or off the shelf enterprise analytics software.

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Entrepreneurs Turned Angel Investors: A Look At Some Of The Best

YoungUpstarts

Software engineer, entrepreneur and investor Mark Andreessen has a varied technical background that involved developing the world’s first ever web browser, Mosaic, and founding a number of software companies which he later sold for a large profit. They Also Understand How Business Owners Think. Mark Andreessen.

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Massacre at IBM

Steve Blank

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. How dare you,” the fab manager said. “We He blocked new business for two years. The product manager said, “It’s in the release after this.”.

San Jose 259
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Why Startups Must Liberate From Hiring Platforms

YoungUpstarts

Startup businesses all over the world use freelance hires. This is because freelancers can be scaled as the business grows, and they can be hired for specific skills. Further, the majority of hiring managers find that utilizing freelancers help them to get more work done.

Hiring 113
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Crowdsourcing Hope With Online Donation Platform GoFundMe

YoungUpstarts

The site lets users manage their campaigns, thank donors and even communicate with supporters. Founded by interaction designer Brad Damphousse and software engineer Andrew Ballester, GoFundMe was first conceptualized back in 2008 when both were driven by personal tragedies that led to want to use their talents for good.

San Diego 176