Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Sloan’s book My Years with General Motors , written half a century ago, is still a readable business classic.

Michigan 291

Michigan Cofounder Stock Forecast 291

Steve Blank

JUNE 23, 2020

The pandemic has upended the business models of most startups and existing companies. Suppliers are going out of business or requiring cash-up-front terms. Revenue models and forecasts are no longer valid. In sum, whatever business model you had at the beginning of the year may be obsolete.

Customer 436

Customer Marketing Customer Development Lean 436

Steve Blank

MAY 9, 2017

Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.) Venture Capital used to be a tight club clustered around formal firms located in Silicon Valley, Boston, and New York. The founders.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. A new category of VCs have emerged offering a hybrid between VC and RBI, which we call “Flexible VC”. . Flexible VC 101: Equity Meets Revenue Share. Flexible VC: Revenue -based. Gross Revenues (generally 2-8%). Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. Max Delivery does the same, with one big difference: Kozmo was free and was killed by its high-cost, low-revenue business model. (In

Technical Cofounder 152

Technical Cofounder Cofounder Video New York City 152

YoungUpstarts

MARCH 14, 2016

Once the most heavily funded startup in New York City, according to then-CEO Jason Goldberg, Fab blew through $200 million of its $336 million in VC cash without settling on a business model. It was able to reinvest that cash into the business, creating immediate and dramatic revenue growth. Go it alone.

Venture Capital 100

Venture Capital Securities and Exchange Commission New York City Cofounder 100

YoungUpstarts

AUGUST 6, 2012

The Sandbox is designed to accelerate the process of business creation through a 12-week experiential-based program, producing either investment-ready firms or ready-to-go, revenue-generating entities. Based in Mountain View, Calif.,

Incubator 202

Incubator New York City Boston Intellectual Property 202

Mike Michalowicz

OCTOBER 26, 2015

Michael’s forward-thinking approach to technology recently earned his company a spot on CRN’s Next-Gen 250 list of solution providers that are on the cutting edge of technology and business model shifts. He attended New York University and is a graduate of the Goldman Sachs 10,000 Small Businesses initiative.

Cloud 60

Cloud New York Software Developers Software Development 60

ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. Max Delivery does the same, with one big difference: Kozmo was free and was killed by its high-cost, low-revenue business model. (In

Technical Cofounder 96

Technical Cofounder Cofounder Video New York City 96

Reid Hoffman

OCTOBER 21, 2019

Prominent news organizations, ranging from The Economist to Wired ( multiple times ), have been describing WeWork as an example of blitzscaling. But to answer the question, “Is WeWork an example of blitzscaling, and perhaps even more importantly, is blitzscaling appropriate for its business model?” High Gross Margins.

Silicon Valley 53

Silicon Valley Software Review Technical Review United Kingdom 53

Both Sides of the Table

MARCH 25, 2016

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?

Startup 150

Startup Seed Money DC Software Review 150

crowdSPRING Blog

JUNE 30, 2016

After all, the clever little extensions that give the rest of us a faster, cleaner, less irritating web experience are eating away at ROI for advertisers and revenue for publishers. They’re begging us to turn them off. Some wall off their content from those who refuse to see the ads. ” Now, Thompson has a point.

Advertising 54

Advertising Netherlands New York Software Review 54

This is going to be BIG.

JUNE 5, 2013

New York City is a fantastic place to live--I''ve been here all my life. That''s why I get excited when companies in my industry create businesses that improve the living experience of being here. That''s why I faceplant when New York City seems to be the toughest place for all of these new services to operate.

Technical Review 116

Technical Review New York City New York Startup 116

ReadWriteStart

OCTOBER 13, 2011

Richard Zelson, from New York, New York, discussed MyStream , a music streaming app that allows multiple people to listen to the playlist of one individual, serving, roughly speaking, the function of a headphone splitter. It is much better to grow organically with revenue. Cortese Design Bags.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

VC Cafe

APRIL 15, 2024

Initially, many publishers were slow to recognize the internet’s impact on their business model as distribution and the classifieds and ad worlds split – or what Ben Thompson calls the “ Great Unbundling ”. It could help bring back some of that classified ad revenue that was lost. What do you think?

Generative AI 142

Generative AI Media Artificial Inteligence Vertical 142

David Teten

NOVEMBER 23, 2020

One of the impact initiatives I’m proudest of is founding Harvard Business School Alumni Angels of New York , a nonprofit and now the East Coast’s largest angel group. Another example of a structural solution is the “ alternative VC ” or “ Revenue-Based Investing ” structure that Versatile VC frequently uses. trillion.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Up and Running

AUGUST 6, 2014

The Social Enterprise Alliance offers this definition: “In its early days, the social enterprise movement was identified mainly with nonprofits that used business models and earned income strategies to pursue their mission. According to the Harvard Business Review, in most U.S. economy in general—U.S. What about the rest of us?

Rhode Island 107

Rhode Island North Dakota Louisiana Vermont 107

Version One Ventures

OCTOBER 15, 2020

And >40% of that revenue is coming from in-game purchases. When they can invest the marginal engineering hour in listing a new token that drives revenue vs. saving some costs on settlement, it’s hard to justify. This could change very quickly, however, with a new bull run.

Networking 168

Networking Global OTC Security 168

Steve Blank

JUNE 24, 2013

Recently, the New York and North Carolina legislatures considered a new law written by Auto Dealer lobbyists that would make it illegal for Tesla to sell cars directly to consumers. This got me thinking about the legal obstacles that face innovators with new business models. Rent Seekers.

North Carolina 335

North Carolina New Jersey New York Government 335

ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. Max Delivery does the same, with one big difference: Kozmo was free and was killed by its high-cost, low-revenue business model. (In

Technical Cofounder 60

Technical Cofounder Video Cofounder New York City 60

Both Sides of the Table

MAY 7, 2011

As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. He is responsible for bringing in revenue from advertising and their careers offering. We know that because we’ve done research into what it takes to launch a new community.

Software Review 285

Software Review Software St. Louis API 285

Both Sides of the Table

DECEMBER 17, 2009

That might even mean a totally different business or it might just be a totally different business model. The next time they came back they had changed their business plan to become a variable rate pricing mechanism for image owners to sell to websites and had created an image-based ad-network platform for remnant photos.

Entrepreneur 291

Entrepreneur Term Sheet Early Stage Affiliate 291

David Teten

MARCH 31, 2012

city, addressing what former New York City school system Chancellor Joel Klein called the failure of American schools. One of the most attractive aspects of Spright’s business model is how governments are able to simultaneously afford higher pay and better services. million annually.

Government 154

Government Singapore New York City Non-Compete 154

Steve Blank

DECEMBER 3, 2012

Invented in 1854 by Daniel McCallum, superintendent of the New York and Erie railroad, the org chart became the organizing tool for how to think about strategy and structure. By the 21 st century, organizations still lacked a tool to create and formulate new strategies. Enter the Business Model Canvas.

Business Model 334

Business Model Customer Development United States Operations 334

Steve Blank

JUNE 10, 2010

As immigrants their biggest dream was opening a small grocery store on the Lower East Side of New York City, which they did in 1939. They went on an uncharted course, took entrepreneurial risk and only made money if the business succeeded. When business was bad they figured out why, adapted and worked harder still.

Silicon Valley 330

Silicon Valley Entrepreneur United States New York City 330

David Teten

JULY 12, 2013

Each year, 20-30 “rising star” entrepreneurs from New York City and around the world are selected through a competitive nomination process. Competitions such as NYC Venture Fellows , which is a selective and international program, help successful entrepreneurs take their ventures to the next level.

PR 114

PR Public Relations Startup Technical Review 114

Steve Blank

OCTOBER 9, 2018

They use the Business Model (or Mission Model ) Canvas to keep track of their key hypotheses and then rapidly test them by talking to customers and iterating their Minimal Viable Products. Diagram Your Business Model. The best way to start is by drawing a business model canvas. Understand Who Pays.

Marketing 324

Marketing Startup Government SEC 324

Hearpreneur

JUNE 26, 2016

1 – Business Model. Our business is unique because our business model addresses 2 major shifts in the fashion industry today: 1) the rise of fast fashion and its affect on major more traditional fashion companies like Gap, J. Phlatbed is part of the New Economy, the Sharing Economy.

Entrepreneur 91

Entrepreneur Technical Review Harvest Portfolio 91

Steve Blank

JUNE 24, 2013

Recently, the New York and North Carolina legislatures considered a new law written by Auto Dealer lobbyists that would make it illegal for Tesla to sell cars directly to consumers. This got me thinking about the legal obstacles that face innovators with new business models. Rent Seekers.

North Carolina 227

North Carolina New Jersey New York Government 227

Seeing Both Sides

JULY 22, 2012

Over a year and a half ago, I did a two-part blog post on the East Coast IPO malaise – one focused on Boston (Massachusetts more broadly), another focused on New York. Meanwhile, not a single New York technology IPO has taken place. In doing so, I realize I was dead wrong. This theory resonates somewhat with me.

Boston 52

Boston IPO Technical Review New York 52

www.usatoday.com

JULY 16, 2012

Americas new business model: Sharing. By Todd Plitt, USA TODAY Neville Clubwala, a Taskrabbit worker in New York City, delivers cupcakes from Butter Lane bakery and champagne, to a recipient who received a promotion. Airbnb, Zimride, RelayRides and others have embraced the fee-per-transaction model.

San Francisco 105

San Francisco Technical Review Zimbabwe New York City 105

Steve Blank

NOVEMBER 25, 2013

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. We focus on evidence and trajectory across the business model.

Oakland 329

Oakland Incubator Lean Metrics 329

Startup Professionals Musings

DECEMBER 30, 2016

I still hear often the dream of a free service to users, supported by advertising, per the Facebook model. Entrepreneurs don’t realize that Facebook spent over $100 million, before revenues from advertising turned cash positive. Business founders need deep pockets for this model.

New York City 158

New York City Kansas Advertising Cash Position 158

Duct Tape Marketing

JANUARY 30, 2024

Rich Horwath is founder and CEO of the Strategic Thinking Institute He is the New York Times and Wall Street Journal bestselling author of eight books on strategic thinking, including his most recent work, STRATEGIC: The Skill to Set Direction, Create Advantage, and Achieve Executive Excellence. My guest today is Rich Howarth.

Campaign 70

Campaign Leadership Differentiation Email 70

Steve Blank

NOVEMBER 7, 2013

What CEOs, management teams and shareholders care about is growth —revenue growth, greater user adoption, increased market share, bigger margins, etc. For most big, established companies like us, our business models were developed years—even decades ago. in developing these new models. And why wouldn’t it be?

Lean 329

Lean Nepal Cofounder Customer Development 329

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167