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The 47th (-46) International Business Model Competition

Steve Blank

Utah may be known for many things, but who would have thought that Utah, and particularly Brigham Young University (BYU), would be participating in the transformation of entrepreneurship? I spent last weekend in Utah at BYU as a guest of Professor Nathan Furr , (a former Ph.D. Business Model Versus Business Plan.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

Since its inception, iRobot has sold over 30 million robots globally. With an SBA-guaranteed loan of $800,000, the company was able to relocate to Salt Lake City, Utah to be closer to the area’s world-renowned rock and ice climbing and back-country skiing at the core of Black Diamond’s business.

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Who Dares Wins – The 2nd Annual International Business Model Competition

Steve Blank

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- And your revenue plan is something more than a hallucination.

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months. is one of the early and most well-known Flexible VCs, based out of Salt Lake City, Utah.

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Boom and Bust and What Comes Next

Scalable Startup

While the global financial crash of 2008 and the resulting Great Recession initially slowed job growth in Silicon Valley, the meteoric rise of smart phones and social media helped the tech industry as a whole to power ahead despite the near collapse of the global economy. A Variation on the Global Economic Crash of 2008?