Open Source Entrepreneurship

Steve Blank

The class teaches the three basic skills all entrepreneurs need to know: business model design. The Slides/Video tab on the top of this page has all the open source course material for my classes. Called “ How to Build a Startup: The Lean LaunchPad ,” it walks you through the Business Model Canvas and an overview of the customer development process.

Why There Will Never Be Another Red Hat: The Economics of Open Source

Peter Levine

Open source software powers the world’s technology. In the past decade, there has been an inexorable adoption of open source in most aspects of computing. Without open source, Facebook, Google, Amazon, and nearly every other modern technology company would not exist.

Trending Sources

Reduce need for 3rd party apps with open source solution

The Startup Magazine

billion dollar market of business communication software. Its secret is a business model that focuses on providing a premium service using open source solutions, 90% cheaper than its competition, according to Eleconomista.

Moving At The Speed Of ‘What’s Next’: Subscription Business Models Spur Continuous Innovation

YoungUpstarts

With the immense success of cloud platforms and S oftware – as -a- Service (SaaS) models on one hand and the increase of subscription services on the other, it’s clear that software offered as a subscription is becoming the new standard. by Jason Bissell and Calvin Hoon, Talend.

The LeanLaunch Pad at Stanford – Class 2: Business Model Hypotheses

Steve Blank

Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Come up with ways to test each of the 9 business model canvas hypotheses. Consider if their business worth pursuing? Their business was a robot lawn mower.

eCommerce: A VC Story [guest post]

VC Cafe

To put it bluntly, on more than one occasion I encountered a VC saying that the eCommerce model doesn’t have a “VC feel” to it. All depending on which of the above are in the company’s core business and which are not. by Tomer Tzach, CEO, Zoara.com.

What’s A Startup? First Principles.

Steve Blank

In this post we’re going to offer a new definition of why startups exist : a startup is an organization formed to search for a repeatable and scalable business model. A Business Model. Ok, but what is a business model ? Drawing A Business Model.

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. Horizon 1 are mature businesses. Horizon 2 are rapidly growing businesses. Horizon 3 are emerging businesses. Horizon 1 activities support existing business models.

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Building an Open Source Business

Will Price

Dave Rosenberg , CEO of Mulesource , recently published an informative article on Sandhill.com regarding his experiences in starting an open source company - from looking for funding, to legal and IP issues, to community development, and pricing, Dave's article is good food for thought.

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The Three Most Important Letters in Open Source: CYA

Will Price

In the software VC world, the merits of open source are regarded as givens- a business model innovation that brilliantly aligns customer and vendor interests. However, outside of the software VC market, open source remains an enigma wrapped in a mystery. Is open source a backdoor towards communism? Despite RHT’s market cap and the success of JBoss, I continue to meet many who question the wisdom and financial merits of open source.

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The 3 Keys to Success with Freemium

Startup Marketing Blog

Startup Marketing Blog – By Sean Ellis Unlocking Startup Growth By Sean Ellis of 12in6 Sep 24th 10 The 3 Keys to Success with Freemium Freemium is a difficult business model to execute but can create a valuable, sustainable company when things go well. I helped to conceive of and execute the freemium business model at LogMeIn , which is now valued at over $800m. Of course not knowing anything about your business, it’s hard to say.

Open Source - What is the Model?

Will Price

I flew to Portland really looking forward to learning more about open source business model and execution best practices. OSCON’s Executive Briefing included panelists from Red Hat , MySQL , Digium , and other leading open source companies. to open source and failed to satisfy the widespread interest in diving into meatier issues. Another common view was that dual-license models are the optimal approach.

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. This lecture order was embedded in the Udacity Lectures , the syllabi and educators guide I open-sourced.

The Lean LaunchPad Educators Class

Steve Blank

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models.

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When Business-Model Disruption Is the Status Quo

Inc Startups

But those who dismiss collaborative consumption as a business narrative they''ve heard before--that is, naysayers in the first two camps--simply aren''t paying attention. Seems like there''s an equation here somewhere: sharing + business + fearlessness = what?

When Customers Make You Smarter

Steve Blank

Here’s what happened when an extraordinary Digital Health team gained several critical insights about their business model. At Linden Lab, delivered the open-sourced Second Life Viewer 2.0

Building in public forces true competitive advantage

A Smart Bear: Startups and Marketing for Geeks

But what about your business? You are therefore forced to build some other competitive advantage into your business. For example, if Etsy open-sourced their entire stack, would that make it easy for a competitor to overtake Etsy?

Microsoft and the future of software pricing–when free isn’t quite free

The Equity Kicker

If Microsoft can maintain profitability whilst their market share declines then they still have an interesting paid for software business. 40-50 isn’t that much though, and software companies with license business models will need to keep their costs low and find efficient routes to market if they are to make good profits and become very valuable. Business models Open Source

Burnham's Beat: Indian Outsourcers: Open Source's Best Friend or.

Burnham's Beat

Indian Outsourcers: Open Sources Best Friend or Worst Enemy. In the past couple of weeks I have had several conversations in which Indian IT outsourcing shops have come up in the context of Open Source. Several Open Source firms have mentioned that Indian outsourcing shops are becoming very good customers and in some ways are really starting to drive enterprise IT adoption of Open Source. A New Chapter In Open Source?

Building a Winning Team through the Draft and Free Agency

Lightspeed Venture Partners

We are thrilled to welcome Ajay Sudan , who brings with him 15 years of operating experience including six years at Palantir where he was responsible for launching several new businesses, including their healthcare business, which he grew to $100M+ in sales.

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ESADE Business School Commencement Speech

Steve Blank

Disruptive innovation leads to the creative destruction of businesses that once seemed pre-eminent and secure. And that’s what I’d like to talk about today—how innovation will shape the business world of the next 50 years— and what it means for you.

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Which E-Commerce Platform Is The Best Choice For Your Online Store?

Blogtrepreneur | Entrepreneur Blog

You must make sure the platform can support the type of transactions you will be doing, scale as your business grows and is flexible enough to adapt to any changes in your business model. appeared first on Blogtrepreneur - For Busy Entrepreneurs. Business

Blockchain’s impact on marketplaces: what’s the future for decentralized marketplaces?

Version One Ventures

It’s an open source project to create a peer-to-peer commerce network using Bitcoin. Decentralized storage ( Filecoin , Sia ) and computing markets ( Golem ) that can leverage underused computing power and replicate the AirBnB model for digital assets. The business model for these decentralized marketplaces will likely be built around tokens where buyers will have to pay fees (with the marketplace token) and sellers earn tokens by contributing to the marketplace.

Want to build a successful software business? Can you answer these 8 questions?

Business of Software Blog

Today's guest blog post if from Alex Osterwalder, author of the  Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers.  Alex will be speaking and running a workshop at the  Business of Software Conference , Boston 24-26th October.

Customer Development for Web Startups

Steve Blank

Customer Development is a technique startups use to quickly iterate and test each part of their business model. How you execute Customer Development varies, depending on your type of business. I think his process models are pretty good.

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. In this business environment, hiring a new CEO who had experience growing a company around a single technical innovation was a rational decision for venture investors. Professional CEOs who excel at growing existing businesses find this extremely hard. Not kind of wrong but going out of business wrong.

What I Learned by Flipping the MOOC

Steve Blank

Two of the hot topics in education in the last few years have been Massive Open Online Courses (MOOC’s) and the flipped classroom. – MOOC’s – Massive Open Online Courses. I selected the best questions and used them to open the class with a discussion.

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Ad serving is officially a commodity

aweissman.com

Well, this has probably already been the case for years, but in the past two weeks: * Openads , the "free, open source ad server," announced a $5mm funding , in part to become an open advertising platform. are licensed open source under the GPL. skip to main | skip to sidebar. aweissman.com. Maximizing the serendipity around you. Jun 21, 2007. Ad serving is officially a commodity.

Hacking for Diplomacy – Solving Foreign Policy Challenges with the Lean LaunchPad

Steve Blank

The rest of the week is equally busy. Instead, as teams follow the Mission Model Canvas, they’ll discover a deeper understanding of the selected problem, the challenges of deploying the solutions, and the host of potential technological solutions that might be arrayed to solve them.

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Hacking for Defense @ Stanford – Making the World a Safer Place

Steve Blank

They can crowd-source designs, find components through eBay, fund through PayPal, train using virtual worlds and refine tactics, techniques and procedures using massive on-line gaming.

The Academic Journal Racket

Mark Birch

Business models of yesteryear are being assaulted from every direction. Now that Harvard has woken up, maybe, just maybe, the death grip that the publishers have on research publication will loosen and more novel and cost effective models will emerge. I am pretty sure we are close to seeing community funded research publications and open source research journals, available online or little to no cost for everyone. courtenaybird : Harvard Now Spending Nearly $3.75

Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Few entrepreneurs find this scalable and repeatable business model because it’s not easy. The cloud , open-source development tools and web 2.0 Startups still need capital to scale once they find good product-market fit and a repeatable-scalable business model.).

Will Initial Coin Offerings Fund the Future?

Version One Ventures

One innovation we have seen in Blockchain has been the rise of app coins as a way to monetize protocols and open source projects. We might be seeing the emergence of a new technology platform coupled with a business model change. Most launches were through Initial Coin Offerings (ICOs), basically crowdfunded app coin sales. And boy, has it taken off! In 2017 alone, ICOs raised more than $100 million in 15 deals. Cosmos Network raised $16.8

Why Lean May Save Your Life – The I-Corps @ NIH

Steve Blank

The traditional model of how to turn scientific discovery into a business has been: 1) make a substantive discovery, 2) write a business plan/grant application, 3) raise funding, 4) execute the plan, 5) reap the financial reward. It’s open to NIH SBIR/STTR Phase 1 grantees.

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Don't Write Off Relational Databases For Big Data Just Yet

readwrite.com

Of course, the relational model and SQL dominate todays database landscape. The problem with Hadoop is that there is no known business model around it that ensures that the investors will get back 10X money that they expect. Sections. Social. Mobile. Enterprise. Cloud. Small Biz.

Free Software, Paid Support

A VC : Venture Capital and Technology

There are many forms of creative expression out there and most of them involve a paid model. If you dissect the model, you'll see that the one time effort of building something is something many software creators are willing to do for free. This is, of course, the insight that provided the open source business model. Having worked with software driven startups for many years now, I recognize the cost model all too well.

The Other Amazon Deal this week. Drupal founder attracts over $100 Million in 3 months.

Scalable Startup

is the for-profit company founded by Dries Buytaert, the inventor of Drupal, to support his open source project. When Open Source software projects are launched, the progenitors often start a for-profit sister company to garner some income from training, support and consulting. Because they are open source. They kind of invented this business model. Google has optimized this open source to freemium model in almost all of its products.

How to Raise Micro-Capital Online

Market by Numbers

In this case, if you pledge $10, you get a CD (with the source code), a note from the Diaspora team and a bunch of stickers. Market By Numbers on Twitter | Entries RSS | Comments RSS Market By Numbers High-Tech Marketing and Customer Development Home What is Customer Development?

Why I’m interested in Bitcoin

Chris Dixon

Open source software was originally created by people who believed that all software should be available for free. To actually have an impact (and create large businesses) you need to create services that completely bypass incumbent financial companies. I gave a series of examples including payments: Charging 20% interest rates (banks) and skimming pennies off every transaction (Visa and Mastercard) is a very profitable business.

This is Not Your Father’s Software Industry

Andrew Payne

The software industry has seen major changes in the past 10 years, as the business of software has gotten increasingly efficient and friction-free. Expensive software stacks, primitive tools, million dollar server farms, and 50+ person development teams have given way to free, open source, high-quality tools, small teams, and rentable infrastructure. Now, many companies use software to enable other services and business models.