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supermac War Story 1: Joining supermac

Steve Blank

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. And with all of that they had gone broke, out of business and into Chapter 11. Their guess was that they would find value in the high margin graphics business.

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“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

Reply One difference between VCs and Entrepreneurs « Lightspeed Venture Partners Blog , on April 20, 2009 at 7:06 am Said: [.] Blank: “Speed and Tempo” – Fearless Decision Making for Startups. Great startups have a tempo of 10x a large [.] in Entrepreneur, VC, decision making.

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Can You Trust Any vc's Under 40?

Steve Blank

Each VC firm/partner has a different spin on what to weigh more.) These types seem dangerous, yet are often the ones needed on board to get the fund to invest in the first place, seeing that the younger partners naturally have less pull during the Monday round-ups. I find the same still going on with a few firms and partners.&#

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Ardent 1: Supercomputers Get Personal

Steve Blank

Forget the Hypertext idea and come on back to California. He and his wife Gwen would found the Computer Museum, first in the lobby of DEC headquarters, then in Boston (and now as the Computer History Museum in Mountain View, California.) He was my role model at Convergent, mentor at Ardent and partner at E.piphany.

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Raising Money Using Customer Development

Steve Blank

Did the partner have a good or bad day, etc. We were able to raise a Seed round from Bessemer Venture Partners on a powerpoint idea, and never found the repeatable customer model. Anything that is not a standard VC dozen format will get thrown away by a junior associate with MBA before it is ever seen by a partner.

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Let's Fire Our Customers

Steve Blank

Also, there are a variety of strategies for “easing out&# gracefully such as finding an outsourcing vendor or new partner. I’ve watched new CEO’s brought into large existing consumer products companies to turn around a failing strategy. Their new strategy included a complete revamp and simplification of the product line.

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Rocket Science 5: Who Needs Domain Experts

Steve Blank

Meanwhile my partner was in heaven working with his newly hired group of game designers directing and producing our first games. No, not really, but my partner owns the studio and tells me it’s spectacular and everyone will love it. Go spend some time outside the building talking to potential distribution partners.